Scenario casting two possible moves for STEEMUSD. Currently forming a nice break out pattern with a smaller breakout pattern formed at the top of trend line. This further squeezing is normally is a very bullish indicator of an impending breakout to the upside. However, it appears that there is no buying momentum to break out now, which will more than likely...
wait to buy above the descending wedge
Speaks for itself, in my opinion. This market has been rough on all of us, here's hoping we start a rally here!
Note. This is not a real trade, this is just a trading scenario to show you, what would be the result of my Crypto Trading System, trading STEEM-USD from 28 November 2016 to 26 June 2017, on the Weekly Chart. In this trading scenario, on 28 November 2016 we got a Buy (Entry) signal from my Trading System and we opened the transaction with only 20% of our...
BINANCE:STEEMBTC I believe in this steem will get all targets If you like this signal follow me
BINANCE:STEEMBTC Buy zone: 0.00039 - 0.00041 Sell targets: 1st target 0.00044 2nd target: 0.00048 3rd target: 0.00053 STOP-LOSS: Close 4H candle under 0.00038 * Dont forget to follow me for more signals* @EATrading1
it will probably continue to decline to the support line. we'd better wait a while to buy and do business ...
STEEM is on a breakout, possible profit if to follow the upward trend.The coin just finished wave 4 and is looking to get back on the upward trend, wave 5 is expected to come shortly, target for wave 5 is 0.0005 BTC. Other indicators which tell us to buy now is: -Stoch RSI shows oversold and is looking to go back up again -MACD shows close STEEM has proved itself...
Note: this is an abbreviated version of my analysis on Steemit: steemit.com Observations Waves 1 through 4 of both impulses fell below the 0.768 levels of their respective Fib retrace Waves 5 fell in the 0.768 – 0.618 region Waves 5 were repelled by the top of the channel Both corrections started with the top of the triangle around wave 5 of the prior...
Hello Friends We had the sell call on Steem, a few days back. You have saved money on it almost 50-60%. Here is the link Now, we are revisiting the STEEM, May be we are trying to catch the bottom :) My conditions are 1) Price is on the support 2) Forming a flag pattern 3) RSI in oversold 4) Price above MA 5 6) MACD crossover 7) Lows are getting...
Steem almost finished the ABCDE falling wedge pattern which can be played very profitable. Watch the green resitence line for a breakout.
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.
This post is part of my Technical Analysis Trading Blog on Steemit. please come over to Steemit and join in! steemit.com
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...