Taking into account all technical indicators and fundamental basis we conclude that the price should dip a bit more closer to the Fib 0.618 support level. Then there should be a trend reversal and a good short and mid term growth. Overall global correction of STEEM price is about to finish.
i take short opportunity to buy steem before it pullback on march either it will drop to the current support level or not. that is the best place to buy steem
Steemit has lost more than 30% since the end of January. Steem price has breached the 20-Day and 50-Day EMA support line after several attempts indicating that the support is weak. And as can be seen in the chart, the coin is forming a descending triangle which is a bearish continuation pattern. Even, moving average convergence divergence has turned bearish....
with small market supply will be aasily pumped by some group. but now we will seek for another next pump. some miss conseption for Steem dollar is it always pegged to 1USD. yes it is not. it is set only floor for 1 SBD. not for the roof. :P. but this fact im not too clear. correct me if im wrong. let's see if it really fly or sink.
Traders, Here we have STEEM/BTC 4H chart. I will say one thing about this "wait for it"
hidden bullish divergence on resistance on STEEM, i'm bullish on this one, I hope the resistance will hold
Color Chart Short Term Channel: Cyan (solid line) Long Term Channel: Blue (dashed line) Fib Trend Line: Magenta (dashed line) EMA55: Yellow (solid line) Short Term Resistance Line: Green (dotted line) Long Term Resistance Line: Gold (dotted line) Lowest Point of Correction: 78.6% FIBONACCI RETRACEMENT = $2.63 Targets Sell Target #1: $6.72 Sell Target #2:...
Since the beginning of the year, STEEMs price has strictly followed the pattern of an ascending triangle. The length of this pattern mimics that of Ethereum before its huge bullish push, this makes me hopeful that the price of steem will follow the same pattern. The price path indicated by the arrows indicate the rest of the consolidation of this ascending...
On the 1-Day time frame we have a very optimistic scenario which indicates a growth in this month. The asset skyrocket in June and was in descending channel till the end of December. When it found the support the price went up in 5 Elliott wave pattern this was followed by Elliot ABC correction wave and stopped at Fib 1 support level around 0.000399. Oscillators...
We could have a nice bull flag forming on steem right now, now currently testing serious support. Any change from the lines will be a direction signal. Possible is correction to second support zone.
WHY TO GO LONG ON STEEM 1. We could have a nice bull flag forming on steem right now, if it does bust out the top this should provide enough volume to push us through the longterm supp/resist line. Currently we see higher highs and lower lows within the flag 2. unlike most of the market, steem is holding well against the complete market crash. I believe this...
Hello Friends, Here is the analysis of Steem, get to know the best analysis from Maheswar. Looking at the daily chart, we can see the formation of rising wedge and Giant triangle. The price is moving very well in the wedge and it suggests that price can break downside on the corner of the wedge to the target of the support. Well, it would take its own course of...
In the constant search for pairs that are able to generate profit within a trading bot, while reducing drawdown and losing trades, I've been playing with different indicator settings within those available for Gunbot. Using the built in RSI buy and sell level indicators, as well as removing the BollingerBand selling points, I've started to see a trend for...
I guess STEEM is gonna get a very good way up in the next few months.
February greets us with a great news as the world's first, fastest and busiest social media blockchain is now listed on one of the biggest cryptocurrency exchange Asia. I personally believe this will have a positive impact on the price of STEEM. Wise traders and holders will use this opportunity to buy into STEEM and be the first to get at an affordable price...
THIS IS A LOW-MEDIUM RISK to HIGH REWARD TRADE POSITIVE INDICATORS 1. Steem has received a fantastic Weiss rating of B- (in our view these ranks are pointless but it definitely followed by a great price surge with media coverage). Steem has also been put into 5th TOP RANK 2. MACD looks positive for Steem short term and long term. 3. Google search for STEEM...