expecting Steem to gain some strength against BTC
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...
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
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!
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
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.
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...