EVERYTHING LOOKS BULLISH, SHOULS SEE 180 NEAR TERM I RECOMMENDED BUY LAST WEEK
As indicated by strong alignment of various indicators, as well as a break through strong resistance, I feel that the next few days will be bring strong bullish movement for steem
We just saw a bullish rally to ~$1.60 and are now retracing. The question is where will we find buoyancy. Using past support lines, a broadening pattern discernment, and Elliot Waves to hit ~$1.85 in the short-term.
once again this is cheap analysis. it may be boom earlier or latter. this is my marking price. im studying the market.
buy at close above the Declining line..
Steem is moving sideways since early June between roughly 0.95 and 1.60 USD. The chart doesn't look too bullish here but the steep rise in spring certainly needed time to be digested. If 0.90 USD does not hold there is potential for a sell off down to 0.30 USD. On the upside it would be good to see prices back above the 50MA and above the 200EMA. Bollinger...
Today we can see on the daily chart the steemians currency, the steem dollar, reaching an important psychological level that has served as support on past occasions. If we see this daily chart, we can realize that for the 2 months the price of the steem dollar has been ranging between 1.50 and 0.80, creating important signals at this levels. Today, the price is...
STEEM got to breaks this resistance line and then it should pump.
Steem trying to breakout!
The Daily chart is looking nice with the 200sma support right below the price. It had a much needed breather and now looks ready to reverse higher near the .236 fibonacci retracement level. I also made my first post on steemit today :D steemit.com steem.io coinmarketcap.com
Steem looks like its getting close to a bottom, watching for a reversal in the near future as we head near the 200sma on the daily chart. The longterm outlook on steem is bright since steemit is revolutionizing the way people share content. This could easily move back up to previous resistance near the .236 to .382 fibonacci retracement levels. Accumulation and...
STEEM is on a clear downtrend, however, support has been tested several times over 0.00036. This triangle can also be seen as a Downtrend triangle, however, BTCUSD plunges have not affected severely the STEEMBTC pair. This might become an option if BTC price hits new lows over the next couple of days.