In Daily TF , Steem Is On Support Area & Looking Good For ShortTerm Entry..
All Technicals Are Bullish,,So Grab Some At Here..
Buying Range 7800-8100 Sats
Sell Targets 92-100-120 Sats
Stop Loss Below Support
Steem is an open source blockchain protocol capable of storing social information and distributing tokens based on a...
$STEEM reached support zone around ~830sats...
UCTS Sell signal active on the daily
RSI entering oversold levels...
For now I would wait for accumulation signals prior entering here because we may see a further drop for this asset...
After being rejected by 200 EMA and broke the channel in my previous chart. it's clear a prolonged bear trend is continue + broken trend line that already established since december 2018.
using ichimoku cloud Stochastic RSI, RSI and Macd is...
STEEMBTC is at the bottom of its December trend channel and showing a hidden bullish divergence. We set 4 targets across its channel with one stretch target in the event of a breakout.
0.0000980 - 0.0001010
Target 1: 0.0001111
Target 2: 0.0001229
Target 3: 0.0001355
Target 4: 0.0001490
Target 5: 0.0001695
$STEEM Potential falling wedge in play,Reaching a strong support zone
UCTS Buy signal on the 6H
Reaching EMA50 at .618 fib level & weekly descending trendline
Volume & break over ~1144 could act as trigger
Failing to hodl this zone, will make a new retrace to 899sats
- Trade is only active after a break back above yellow reclaiming resistance as support
- Green is daily OB which should act as support now, ignore wicks below if closes below on the daily trade does not activate at all.
As the Title said, i think it's move to meet it's next touch point inside the channel around 0.00009 satoshi - 0.00010 satoshi. worst case scenario if it's goes down and break the channel in 0.00009 satoshi potential to go down retest previous hard support around 0.00007 satoshi.
hope it doesnt happen..
love to hear your thought about this chart and steem in the...
$STEEM Found support at ~1140sats (Flip R/S) after the 40%+ run that reached 1415sats.
UCTS showing a buy on the 6h
Trying to cross EMA200
Volume is still low/falling
A potential retest of 1415 could happen if volume appears
Falling below current support cancels it
Commodity : STEEM
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit :...
We are back with a small update on STEEM. Last Sunday we made a call that STEEM topped against Bitcoin and that it needed to decline again. You can read it here.
So far, this call worked out perfectly but we see something that calls our attention:
- The pullback happened in three clear waves.
- Wave C equals wave A in price at the...
We are back with another elliot wave count. This time we are looking at STEEM/BTC. Steem outperformed BTC as it nearly doubled since February. A move like that always catches our attention! Although we are getting cautious now.
We are witnessing heavy resistance arround 0.00013581 BTC. And we think that this isn't coincidence. By our count, we are...