On the very support. Gained 50% in 2h chart 2 days ago. MACD 4h/daily crossover in the very front of entire market. Predominated 12/26 on 1 day chart from January. Potential is huge and its highly volatile coin. Gaining 50% of value (2200sats to 3400says) and stayin in " upper chanel" (above 2500 sats, rebouncing and gradually building price). Falling wedge from January.
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Steem seems to have formed a symmetrical triangle on the daily chart similar to what is seen on LTC and OMG (please see link below). The conditions of the symmetrical triangle is very common to what was published for LTC 7 OMG. If there is an outbreak to the upside, prices can potentially reach $12 to $14. This should be achieved between June to July as long as...
I wanted to point out that there is another ABCDE Triangle formation that may still be valid for STEEM and the others i've covered such as EOS. These types are common in Crypto markets. But if BTC really falls off a cliff, then the alternate (IN YELLOW) is in play and we have a slow grind to new lows and probably a few months of sideways ups and downs until the...
Technical analysis: .STEEM/DOLLAR is in a range bound and beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 46. Trading suggestion: There is possibility of temporary retracement to suggested support zone (3.6475 to 2.6432) , if so, traders can set orders based on Price Action and...
Traders, Here we have STEEM/BTC 4H chart. I will say one thing about this "wait for it"
Steem has been corrected down since it reached $8.57 high. Price went down as low as $2.2 where it found the support, confirmed the 227.2% Fibonacci retracement level applied to the corrective wave up after the uptrend trendline breakout. After rejecting the support price went up and broke above the downtrend trendline, went back and rejected it. At the moment it...
A quick look at STEEM shows me we are in a longer extended triangle correction with A-B-C-D-E Elliot touch points. Now, sometimes the (D) touchpoint also becomes the breakout. I am unsure of the percentage here and am hoping a comment warrior can help me out but for sake of the illustration, I'd say that maybe 60-70% of the time we will travel down to point (E),...
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: $6.72 Sell Target #2:...
Hello Friends, Here is the analysis of Steem, get to know the best analysis from Maheswar. Looking at the daily chart, we can see the formation of rising wedge and Giant triangle. The price is moving very well in the wedge and it suggests that price can break downside on the corner of the wedge to the target of the support. Well, it would take its own course of...
THIS IS A LOW-MEDIUM RISK to HIGH REWARD TRADE POSITIVE INDICATORS 1. Steem has received a fantastic Weiss rating of B- (in our view these ranks are pointless but it definitely followed by a great price surge with media coverage). Steem has also been put into 5th TOP RANK 2. MACD looks positive for Steem short term and long term. 3. Google search for STEEM...
Will history repeat itself?
DANIEL BRUNO NOT A COINCIDENCE THAT THE CROSS OF THE 45D ANGLES IS TARGET, RESISTNCE AND FUTURE SUPPORT 30D SUPPORT WITHIN 2/1 FAN IS BULLISH 50% RETRACEMENT FROM 8 IS 4 1/2 AND 1/1 RESISTANCE 34 BAR MOVE TO TOP AND 21/22 TO 45D CROSSROADS, NOT A COINCIDENCE 13 MORE BARS WILL BE FEB 8 CROSSROADS OF 30D AND 45D RESISTANCE ANGLE BASE 3 0 DEGREES ...
STEEM looks to be breaking out of a downward descending triangle on wave (D) instead of (E) bounce. Confirmation is still needed on the daily and so admittedly this post is early but we are in a buy range regardless. A cloned fractal (purple line) is used to measure the target range. RSI has bounce at the 50. If you play this trade, ladder your buy-ins as...
buy : 6$ - 7$ First Target : 9$ Second Target : 10$ Third Target : 13.40$ Do not panic . steem does not need stop loss .
Steem and Ethereum are the two first chains to break 1 million transactions barrier. Ethereum struggled, Steem didnt care. Fundamental So in my crypto-portfolio you can see I have held Steem Dollars . That has given me greater returns than Steem would have. Now I want to switch, but increase portfolio level. I feel Steem is giving me a better...