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...
expecting Steem to gain some strength against BTC
Everything is on the chart, feel free to ask any questions. For more complete analysis like that, simply follow me, I will post A LOT of analysis so you can make money with me ! :) Thanks for your support!
It looks like the market reached the bottom. We see that 0.0002240 support level could stop falling market. When the price broke the downtrend line, it was a signal that probably the market would reverse. A bullish divergence confirms trend reversal. MACD supports upward movement. We have buy opportunity. Pending orders should be placed above SMA50. It's 0.000300...
We should now start to see money coming back into altcoins again and I think STEEM is ready to make the next impulse up. The idea behind STEEMIT is great and I can see the platform becoming more and more popular once it moves out of beta. I personally think that it will become a legitimate threat to Facebook and Twitter and will spearhead the next generation in...
Today we can see on the daily chart the steemians currency, the steem dollar, reaching an important psychological level that has served as support on past occasions. If we see this daily chart, we can realize that for the 2 months the price of the steem dollar has been ranging between 1.50 and 0.80, creating important signals at this levels. Today, the price is...
STEEM got to breaks this resistance line and then it should pump.
It all lines up perfectly! I'm aiming for 0.00026000 - this is where I would buy next.
i try to write shortest instated of making things complicated, chose simple words. Steem on double bottom currently, it will b on fire once it breakout the triangle. Target will b 0.00034 , 0.00048 and 0.00063
I've been following this pair for longer time, waiting for a breakout. We've just seen the break out, followed by a litte (bullish) pullback and hopefully it continues this move up. This should be the start of leg 5, but there is way more space for growth. On lower timeframe (240) MACD turned already. Don't chase candles, try to find a correction to hop on...