the symmetrical triangle has broken through the resistance. The histogram of the MACD looks up, and the ADX and DI oscillator says that the bulls are getting stronger. To make sure that this is not a false breakthrough, I recommend to open a purchase at the level of 0.000175-0.00018. target - 0.00023 and possibly 0.00040 stop loss - 0.000156 and 0.000147
The market is at possible bottom. The support zone is formed by 0.000160 and 0.000150 support levels. The current levels are good for buying in long term. We can place pending orders above SMA100 at 0.000180 level with stop orders at 0.000140 level. Profit targets are 0.000220 and 0.000300 resistance levels. MACD is going to support upward movement and DMI allows...
More than 78% fibonacci retracement since the last major move. I expect a big bounce to 40k
STEEMBTC is trading near the support zone, and there are two similar 2-day candlestick pattern formed recently (see chart). Trading idea: wait for a retracement and buy at 15000 - 15300 Sats, and sell at 17390 Sats. Put a stop loss below 14000 Sats.
good risk/reward rate 3 macd cross on hour time frame rsi hour time frame strong support on daily time frame
What do you guys think about STEEM? Looks like its at all time lows since May, resting on a support line midway under the .236 fib. Looks like it might be settling down before breaking out again. It could go lower, but the orange is starting to dovetail. So what do you think?
The Market Cycle is over , and we are back to the original price. This is a trade where my entrance is not really based on upward movement. I do not think STEEM Will go any Lower, and if it stays flat lining then I am not loosing any bitcoin and if it has a crazy Run up I was in it before the hype cycle. I am looking at this like an inactive market, Once it...
For long term investors: I believe STEEM could be a great digital currency to invest in long term. Their great idea of social network is rising very fast. There are a lot of good reasons to have Steem Power. By keeping your currency as Steem Power Units, you will be able to make considerably more money in the long run because you essentially have ownership in the...
Steem got a nice PnD shakeout and is now ready to resume upward.
STEEM coinmarketcap.com Steam awoke. Steam is oriented to price stability in the future and will encourage people not to speculate this currency, but to use in everyday life. Now this project is still small and speculation they do not run away.
Steemit looks like a very good buy at current price for a possible 40% gain in the coming days. It formed an inverted head and shoulder, we are waiting for the break of the neckline on the 1H time frame. There is also a divergence followed by a strong support zone it is on. What are your thoughts? Trade with care.
STEEM is showing signs of a reversal, a level of profit expected at the resistance level.
We've just had a big Elliott wave break out on Steem and are reaching the C of an ABC correction. We are currently in the buy zone. This chart is a 343 minute with 4 moving averages at 7, 21, 77 and 235, as recommended by my man @bdkelly1203. we had a great breakout after the 7 crossed the 77, and we just had a cross of the 77 over the 235 - The train's about to...
Nice support on Steem, we recently had a large increase which will correct if we go below the support line. We need to break the first resistance in order to continue the upsurge to the second one.
It looks like the market reached the bottom. A bullish divergence confirms trend reversal. MACD supports upward movement.
Steem's value is currently under 60% of the Fibonacci, therefore the market has reclaimed more than enough of it's value to continue a large uptrend. On the graph with have small and major resistance + support levels, follow them line accordingly and make trades based on which one is broken. Steem has seen much higher prices in the past and we should see them...