Based off my TA ive made short-long term target zones (ranges) that could be met. Im just starting to working on my short term TA analysis so please take this post as potential targets and do your own research before making trades on this coin. Fingers crossed! & Good Luck! (1-day candles, time frames may not be accurate)
And great project... although I wish they approved me already... Playing with scaling the pattern as i feel as though a cycle is about to take place again but this time with much greater amplitude!
Steem is a very good project and I'm absolutely sure that it's a good idea to buy and hold this coin for a long time. Look at www.similarweb.com - this website grows rapidly since november. It will influence on a price of steem very well in a long run. Short TP1 - 44000 sat. Short TP2 - 48000 sat. Very conservative long TP - 60000 sat.
Steem will contest the 61.8% retracement which will complete its pattern. Look for divergence and a nice reversal with volume. At that point i would expect it to challenge the top trend. A close above, then maybe it coming back into the pattern before moving up again. DYOR.
After finding the bottom at 8825 satoshi, Steem immediately started to rise breaking above the 200 Moving Average. After the correction and rejection of the 200 MA, STEEM/BTC continued going higher breaking above the descending channel and reaching 57k satoshi high on the 3rd of January. The corrective wave down followed, where Steem went down exactly to the...
I would look for STEEM to continue consolidating before breaking out...the pattern on the 15 minute chart should make for some decent scalping in the meantime. - Junior Lancaster (aka BTCookieMonster)
Price appears to be bouncing off of the 4H MA and Daily Clouds. Heiken Ashi price action looks like price is swinging to the upside with good momentum after the bounce. Setting two targets on this chart.
Undervalued project at only 1Billion, even if it does 5x from here it still puts it at only 1% of facebooks mkt cap, although my target is much higher than 5x. Technically looks great as well as it has broken its logarithmic downtrend, and looks to have completed its 5 wave up and ABC correction back down. We should now be starting the next wave up, and I...
STEEM looks to be breaking out of a downward descending triangle on wave (D) instead of (E) bounce. Confirmation is still needed on the daily and so admittedly this post is early but we are in a buy range regardless. A cloned fractal (purple line) is used to measure the target range. RSI has bounce at the 50. If you play this trade, ladder your buy-ins as...
This is a forecast based on Fibonaccis. From previous lows to recent highs, Price has dipped as low as the .618 Is currently in a bullish hammer at the .5. Onward and Upward to the 1 and 1.6 targets. Put in Fiat terms. What is $4 today will be $12 by Christmas, if not by end of summer. That means if one invests in nothing else for the next month or so, one...
buy : 6$ - 7$ First Target : 9$ Second Target : 10$ Third Target : 13.40$ Do not panic . steem does not need stop loss .
Here's a quick trend based fib assessment for our current STEEM wave count on 1-10-2018. STEEM could continue the climb into wave 5 if BTC remains bullish. Wave 4 could retrace more and allow for more vertical movement into wave 5. If wave 4 stops here, we could see a shortened wave 5 somewhere in the .618 fib range (.0007 BTC) as shown on the chart.
I think 50% and 100% targets for STEEM are very realistic. Right now the price is consolidating and it is a good buy-in . Increasing sentiment for STEEM puts it into top ten coins based on the public interest according to coingecko. www.coingecko.com It is a long term hold. Good luck!
STEEM is making symmetrical triangle pattern which is normally continuous in nature. with volume decreasing and squeeze at MACD and BB this seems to be nice coin to hold for breakout TP= 46102 Stop Loss= 35852 Enjoy!
STEEM looks to be ready to show up tonight! My target is $11.75 at which point I will unload at least 25% of my stock. Notes are in the chart.