Golos is STEEMs Twin Brother trading at 1/10th of what STEEP trade at per token, and only 1/20th if we consider that GOLOS only has 120million coins and 10% inflation while STEEM has 250million coins and 9.5% inflation. The potential UPSIDE in GOLOS is formidable, and the price to buy enough Golos to power up a Whale-Account is very affordable. Golos is traded...
Steem trying to breakout!
Possibly breaking out of its downtrend channel. Entry point as shown. If passes Target 1 then Target 2 on reach. If not, new entry level at the bottom. GL!
Couldn't think of a better name, and although the chart also looks quite messy its needed. The clouds show possibilities of where the price might go
STEEMBTC break channel down and in undervalue zone. This is a good moment to enter long term target at 0.0005 and max target at 0.001
big hands are accumulating this coin for cheap, dont sleep price increase soon
buy in yellow curve if he broke the resistance buy from the red curve
Steem made a deep correction and bounced exactly on the bottom of the target box. Its heading towards the top of the channel and already broke RSI trend. My advice is to wait for breakout and buy when you see a consolidation after breakout on lower timeframe. Check my tutorial "how to trade breakouts" below. I will update on lower timeframe once we have a valid trade.
I'd keep eye on Steem for a week or two. Bullish activity could be upon it.
An upwards bounce is expected on Steem. Whether this will be just a rally or a change in structure it's too early to say. Sean Vengan Professional Cryptocurrency Trader and Trading Educator
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...
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...
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!
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...
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 steemit.com steem.io coinmarketcap.com