Let's continue the second round by analyzing at the famous STEEM (STEEMBTC) altcoin, we are looking at the weekly chart.
First, let's start with the relative strength index, we can see it at over 56.
We consider this index to be strong at 30 or higher when using the weekly timeframe.
We have a symmetrical triangle which is a neutral pattern but also have a break...
his is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users by rewarding them for sharing content. It’s currently the only blockchain that can power real applications via social apps like Steemit.
STEEM has spent 2 months for moving sideways around 1200sts and in the coming days, STEEM is likely to have a strong rally with the nearest 2 targets at 1800sts and 2400sts and it can absolutely increase stronger. But if it loses the 1200sts zone this turn, it will fall down to 800sts zone
🔴Buy : 1150-1250sts. SL if B 1000sts
🔴Sell : 1750-1850sts. SL...
ENTRY - STL - TP on picture
TP of me . And TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT
I am fomo following the recent pump dump events
Steem is showing some bullish signs on the USD pair. With a price fold over the 1.618 level, in addition a green Gaussian Channel, which is a very reliable trend indicator
However, on the BTC pair price action is quite low
If a trend reversal occurs on the BTC pair the USD value could go quite high
Steem is a good coin, I have thought about baghodling it
STEEMBTC wants the breakout after the price tested the weekly resistance. IF the price will have a breakout from the resistance, and turn into new support, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
STEEM price broke out long term resistance and maybe here or 1340 sats would be the last dip chance to buy.
it has a great great potential to increase 150% to 300% ... and even in long long term it would have 800% profit.🚀🚀
dont trust me.. coz i dont know.
previously with Dan Larimer. now with Justin Sun.
steem is a lot of discount.
does he can come back to it highest price? 8usd.
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Steem Price (STEEM)