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nschairer
May 15, 2017 2:14 PM

STEEM about to explode  Long

STEEM / BitcoinPoloniex

Description

STEEM's RSI is spiking and its about to break a long bullish pennant. You can see a nice squeeze from the Bollinger Bands preparing to launch it to new highs.

I use STEEM frequently, I think that it is slowly becoming a huge social media platform. It rewards you for posts and participation in STEEM and is run with blockchain technology. I suggest that everyone makes a steemit account and starts posting in order to earn some free STEEM!

GO LONG

Follow me on steemit @nschairer

Comment

Bullish trend confirmed!

Comment

Still a good time to buy in with RSI below 70...

Comment

consolidation before another spike

Trade closed: target reached

Comments
MoeB_712
I agree. MACD on 4h, 6h, and 12h seem to show signs of a change in momentum as well. However I think it'll be another few days before we see significant change.
nschairer
@MoeB_712, definitely, it's easy to predict small spikes like what's occurring right now, but large changes in price take much longer
MoeB_712
@nschairer, you called it :)
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