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Steem (Cryptocurrency)

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Steem (Cryptocurrency)

Steem is a cryptocurrency that was released in 2016. It can be traded on the open market through cryptocurrency exchanges and obtained in exchange for goods or services. The price is very volatile due to the limited amount that's available on the markets. It's not very liquid and relatively small trades can move the price. Steemit does allows for mining, even though it’s not the primary way to earn money. Units can be bought or sold against other cryptocurrencies.

Steem has 3 distinct units:
-Steem, which can be bought and sold in the market
-Steem Power, which cannot be sold for 2 years
-Steem Dollar, which can be converted into Steem or Steem Power
Steemit is a social platform which attracts people that learn to use Steem naturally. The cryptocurrency has no cap on the number of units, as opposed to Bitcoin and Litecoin.
IvanLabrie IvanLabrie PRO BTSBTC, D, Long ,
BTSBTC: BTS: Bottom here?
2481 16 42
BTSBTC, D Long
BTS: Bottom here?

I think it's likely to see a bottom in all the 'Larimer' coins: $BTS, $EOS, $STEEM...Might be worth checking it out. I'm long $EOS again, participating in today's auction via my trezor. I'm also holding a Peerplays stake. Best of luck, Ivan Labrie.

SEAN_VENGAN SEAN_VENGAN PRO STEEMBTC, D,
STEEMBTC: Steem - we are in my "Alert Zone"
581 6 10
STEEMBTC, D
Steem - we are in my "Alert Zone"

As previously forecast, our patience has paid off. Steem has returned to the area I highlighted in advance. There is no disputing that Steem is in a downtrend. However, we are on ALERTto see if it is reaching oversold. Note this is a CounterTrend trade - so initially trade small. If and when we get our long signal and trigger this presents a very low risk high ...

Leniex Leniex PRO STEEMBTC, D, Long ,
STEEMBTC: STEEMBTC
443 0 10
STEEMBTC, D Long
STEEMBTC

STEEM / Bitcoin - Our ship goes to long swimming long in +100-150%

AwesomeTrade AwesomeTrade STEEMBTC, 240, Long ,
STEEMBTC: STEEM touching the trend line - Reversal?
232 2 5
STEEMBTC, 240 Long
STEEM touching the trend line - Reversal?

There might be a chance to enter a long trade here but first let's examine the 4H chart a little bit. We can see an unperfect possibility of the Head And Shoulders formation which is coming to an end near the trend line. This is in correlation with the Fibbonacci level. Inside the right 'shoulder' we can see an inperfect descending wedge. Bulls and Bears are in ...

n1kthequick n1kthequick PRO STEEMBTC, 240, Long ,
STEEMBTC: Steem has a history of blasting up, its never a bad idea to hold
145 0 3
STEEMBTC, 240 Long
Steem has a history of blasting up, its never a bad idea to hold

As the chart shows, STEEM has a history of doing very big jumps up if gets the right volume. Considering STEEM is about 60% down from its recent high in early June (.000945), and is only at about 10% of its ATH at .00686 from July 2016, I think its not a bad idea to accumulate some STEEM just in case it decides to go for a another ride up.

AaronX AaronX STEEMBTC, W, Long ,
STEEMBTC: STEEMBTC Weekly trend with fibonacci retracements #Bittrex chart
109 0 2
STEEMBTC, W Long
STEEMBTC Weekly trend with fibonacci retracements #Bittrex chart

Steem looks like its getting close to a bottom, watching for a reversal in the near future as we head near the 200sma on the daily chart. The longterm outlook on steem is bright since steemit is revolutionizing the way people share content. This could easily move back up to previous resistance near the .236 to .382 fibonacci retracement levels. Accumulation and ...

akashefi12 akashefi12 PRO STRATBTC, 60, Long ,
STRATBTC: Steem/BTC - Does it still have some STEEM left?
183 3 4
STRATBTC, 60 Long
Steem/BTC - Does it still have some STEEM left?

Just having fun tossing as many colors on the chart as physically possible.. I literally have no idea what any of it means... (lol, jk...kinda!) Just having fun and learning a few things as I go... If you have some tips or tricks let me know.. Steem went up today and I think there will be a retracement before it's next big move up. Let me know your prediction ...

ZABTC ZABTC SBDBTC, D, Long ,
SBDBTC: The rise of the Steem Backed Dollar? SBDBTC
220 2 8
SBDBTC, D Long
The rise of the Steem Backed Dollar? SBDBTC

Fundamentals: Good dev team, been around long, growing user base, lots of real world applications for the currencies, therefore lots of liquidity and good distribution Uncertainties: Not sure about the inflation model of the steemit platform, and how this affects the value of SBD. Also, Bitcoin rising in the near future could certainly hurt the SBDBTC pair

SpocksBrain SpocksBrain PRO STEEMBTC, D, Long ,
STEEMBTC: Possible W bottom on the Daily
162 0 4
STEEMBTC, D Long
Possible W bottom on the Daily

There is a possible W bottom forming on the STEEM daily chart. Price is retesting the previous breakout low, and looks like it will close without tagging the lower band. This could be an early sign of a trend reversal. Should be clear within a couple more days. Good luck and happy trading!

zanyar.m1987 zanyar.m1987 STEEMBTC, D,
STEEMBTC: #STEEM , level resistance
156 1 6
STEEMBTC, D
#STEEM , level resistance

#STEEM , level resistance

blakeren blakeren STEEMBTC, 60, Long ,
STEEMBTC: LONG STEEM/BTC Trade Idea - Short term
192 0 4
STEEMBTC, 60 Long
LONG STEEM/BTC Trade Idea - Short term

Just broken the bullish rectangle support level, looking to enter around the 0.00042 mark at major support. Hopefully then is able to bounce to previous support level before heading back down to major support line. This would essentially create a double bottom, and will look for price to hit the 0.618 Fib retracement level on the Daily graph. Green boxes indicate ...

doqstrader doqstrader STEEMBTC, W, Long ,
STEEMBTC: Steem re entry point
132 0 11
STEEMBTC, W Long
Steem re entry point

The chart look like it already reach 1st fibo line. target to go to 2nd fibo line.(2.168) best to look together with https://www.tradingview.com/chart/STEEMETH/XkznR7TW-STEEM-FIND-ITS-RIVAL/

mili12 mili12 STEEMBTC, D, Long ,
STEEMBTC: STEEM VS BITCOIN!
193 0 12
STEEMBTC, D Long
STEEM VS BITCOIN!

Hi Guys! Very good opportunity for new cryptocurrency( STEEM ) Im long on it if just if we have a breakout Trade with care! Thank You!

AaronX AaronX STEEMBTC, D, Long ,
STEEMBTC: 200sma Daily support on STEEMBTC #steemit
241 6 7
STEEMBTC, D Long
200sma Daily support on STEEMBTC #steemit

The Daily chart is looking nice with the 200sma support right below the price. It had a much needed breather and now looks ready to reverse higher near the .236 fibonacci retracement level. I also made my first post on steemit today :D ...

Tompouce Tompouce STEEMBTC, 240,
STEEMBTC: STEEM Trading Scenario
99 0 2
STEEMBTC, 240
STEEM Trading Scenario

Hello, Today I will analyze the social media platform coin named STEEM. Similarly to most altcoins, STEEM/BTC took an important (but waited and quite due) correction after going from 6k in March to its all time high at 100k in May (16x growth). Today STEEM/BTC trades around 40k which represents 60% in retracement. But with BTC coming back on its feet and with ...

WaineNZeddmo WaineNZeddmo STEEMBTC, 240, Long ,
STEEMBTC: STEEMBTC 4H CHART STEEM ENTRY LEVELS
53 0 1
STEEMBTC, 240 Long
STEEMBTC 4H CHART STEEM ENTRY LEVELS

STEEMBTC, while sitting near a major support zone, has formed a rising channel within the 4H chart. Mayor downtrend from a descending triangle is really strong, and price close to the line. Should a bounce be confirmed from the support zone, new entry opportunities might emerge. BTC uncertainty is playing a major role on this trade. WNZ Get live updates and ...

WaineNZeddmo WaineNZeddmo STEEMBTC, 240,
STEEMBTC: STEEMBTC MARKET REVIEW
59 0 2
STEEMBTC, 240
STEEMBTC MARKET REVIEW

STEEM is on a clear downtrend, however, support has been tested several times over 0.00036. This triangle can also be seen as a Downtrend triangle, however, BTCUSD plunges have not affected severely the STEEMBTC pair. This might become an option if BTC price hits new lows over the next couple of days.

MFXSCharts MFXSCharts STEEMBTC, D, Long ,
STEEMBTC: Steem finding bids against Bitcoin
91 0 3
STEEMBTC, D Long
Steem finding bids against Bitcoin

Not only did Steem hold it's value against Bitcoin like we were hoping for last week (see steemit.com/@bulleth), it also put in a half-decent rally on Saturday and is back inside the falling channel. Struggling with resistance in the 60-67 zone now, a break higher would target 75. Technically, we have the makings of a head and shoulders reversal pattern here ...

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