Bad situation in all time frames. I expect a powerful downtrend.
The blue zone (1000-1100) is important and powerful support but I don't think it can stop the downfall (of course it could but not in my opinion). Maybe the yellow trendline break too and STEEM touch the bottom again, who knows?
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...
$STEEM Volume has been increasing over the last days/weeks under a tight range.. Very similar to what $REP showed before the 20%+ movement...
Both MACD & RSI are showing divergences
UCTS Buy signal on the 12h chart...
STEEM is up for the final week.
Let's hope I can close this months chart-off with some profit at least ;) 0/3 so far.
Not much to say. STEEM is testing a daily downtrend and a 4 hour downtrend and looks like it will succeed with the next attempt.
It has tested a daily level and a 4 hour level already so the next 4 hourly level will be our target.
Enter on the...
- After fail to retain it's bullish up trendline, currently it's been not looking so well as it's more looks likely to test it's previous low around 4000 satoshi.
- On Bullish side, This also could be a reversal pattern in forming such as double bottom pattern or Rounding Bottom pattern and similar reversal patterns IF the price action manage to...
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.
Please support the setup with your likes, comments and by...
Whales Love STEEM. And this if for the D4rk Army who loves to Gamble.... Look at that accumulation phase we have going on for a while with sideways movement. This is risky, but if it TAKES OFF, you will thank your commander D4rkEnergY for this super signal.
Steem is known for making those crazy spikes, and if you look back at the chart, you can can see that water...
We are doing Analysis of NEBLBTC on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Steem has been cooking for a while an still has yet to do much recover ever since the bitcoin parabolic - high probability of a major move soon SHOULD bitcoin stays non-dramatic
Risk / Reward : 5% / 35%+
Disclaimer : I am not a financial advisor - please trade safely.