Two weeks ago, STEEM, the token of decentralized social media platform Steemit, has hit an all-time low of 424 sats on Binance. The token was in a prolonged bear market since May, when the community forked the social media platform after its acquisition by TRON. Recently, STEEM had two green weeks, albeit with gains that were rather unimpressive compared to some...
With a lot of altcoins reaching new ATLs every month, we now might be able to look for a bottom. Steem is giving us a good example of RSI and MACD bullish divergence which is also vidible on 1D timeframe. Short term the price should reach at least top of the falling channel, but it also could signal trend reversal and possible bullrun, and not only for Steem but...
Please comment if you have questions. Remember: All technical analysis is a matter of probability and this may not play out. We have 3 points of contact on both the bottom of the wedge and the top of the wedge which allows us to go ahead and consider the possibility of an Ascending Wedge pattern. BINANCE:STEEMBTC
Price May pull back to Target Price : 0.750
Let's start with the long-term chart... Notice how STEEMBTC just hit a new ATL: The potential profits is huge... Over 83,000% to its All-Time High. Now, the ATH does not need to be hit, in fact, for us to be profitable here we don't have to get even close. We can be happy with 100%, 200%, 300%, or anything that is in the green/positive/plus. "Once we reach...
Probably some better choices out there, but this chart looks bottomed to me. Cut your losses if the channel breaks, I don't know how much further this will go down if the channel doesn't hold. Target 2100-2500 sat area. Lots of potential here, but it might take some time! Lots of coins looking like this. This will pump eventually, but remember there can always...
STEEM/BTC lookin juicy ! comin to strong support , print bullish divergence , target 3700 !
Base on the bolingger Band and price action, its look clearly going to be more narrow. the more narrow it will be ,the sooner it will boom blast. Steem is a good project that really implemented blockchain social media (blog alike). that can tip publisher and users. stay ahead.
Hi all It has been in the channel for a long time And the market can go up and down in the same channel, and if it can break the resistance line, it will grow well. Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad. This is not financial advice. Remember to do your own research and build your own plan before you...
💎Technical Analysis Summary💎 BINANCE: STEEMBTC -STEEM still has 1 day left before the weekly candle closes -It is now trading below the weekly key level of support -Technically, this is bearish in terms of price action -If you are a long term bull, this level must not breakdown -Because new price discovery and longer consolidation will occur -Entering this...
It is a long time that i sold this coin at 0.00007513sat and i forgot this pair Now again i see it is in my buy signal about 13 month ago This support looks strong but if bitcoin crash it can go down more and you need to set stop loss do your own research it is not buy signal only an idea. leave you negative and possetive idea by comment under the chart thank you all.
Hello, traders. Steem is on sideways movement since a long time ago and going to test the long-term resistance line, and we expect a very big bullish movement from there. Best regards.