SteemBTC Is On support with reversal candle
Buying At: 0.00004433
Target : 0.00004922 0.00005454
Stop Loss : 0.00003965
Risk 10%, Reward: 23% Very Good Ratio
on steemBTC there Risk rewarding Ratio is Also Very Good
Note: This is only for Educational Purpose this is not Investment advice.
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Hello World, hope it’s going great! If you followed my last idea, then Congratulations on making that quick 90% profit in a day. Today, we’re gonna look at Steem against BTC as the chart looks ripe enough for us to trade. I will keep it real simple as it looks like this is gonna be an easy trade which is gonna potentially generate massive profits. So without any...
Can you see the clear inverse correlation between BITTREX:STEEMBTC BINANCE:STEEMBTC and BTC Dominance?
** Not at all calling this a STEEM/BTC bottom, but the chart itself is fascinating. Some main points:
1) Sitting on support @ 2 year ATL - bust these lows and we need to redraw our fibs for profit targets.
2) Confirmed bullish momentum/volume divergence not...
DONT FORGET TO LIKE THIS ANALYSIS
Chart Duration - 4H STEEM/BITCOIN BINANCE
RISK LEVEL: 3/10 (Less means, Less risk)
1. Bottomed out at 11820 SAT Key level from where it jumps back heavily. Excellent buying zone (check 18 sept 2018) 11820 strong resistance if broken good sign.
2. Fibonacci on 4H, touched 127.2 FIB, 127 is always a good reversal...
Steem has been on a breakout yesterday, since one day it has made more than 25 % rise and has confirmed finishing the head and is just about to start the left shoulder pattern and has confirmed it with yesterday's spike. So now I am expecting Steem to finish its right shoulder pattern in the upcoming weeks where it should stop at 0.00043 BTC as there is downward...