Being a steemian I would say it's a good moment for a little STEEMBTC pump as the price, Tenkan & Kijun are going to meet, but still there are no signals for bulls.
At the time of posting there are no bullish signs even on the hourly charts :-(
just watch how the situation is being resolved
STEEMBTC is flat for the last couple of weeks, almost no signs of any positive movements :(
and the resistance for the possible up-spikes of the price came down closer:
the Ichimoku Base Line (Kijun Sen, the red line) is around 0.00019550
Preliminary Support Changed once I took a closer look after watching us ride along this lower Accumulation Channel. Disregard previous Publishing on STEEM regarding PS. I believe it took them a while to establish PS and I've explained in the Text Bubbles.
I hope this one does a Double Breakout like many other coins. Time will tell.
Added Abbreviations for...
Double bottom on the daily as the 0.000145646 level seems to be well fortified by investors. We have not closed beneath this line since early November.
Today Steem released a desktop/pc version of the webapp. Interesting timing. Steem has the 10th largest market cap amongst Alt-coins and relative strength shows it leaving the oversold area.
Double bottom on the...
@spacetrader brought this one to my attention. THANKS !!! I wish I had went "hunting" sooner and found this one. Congrats on the entry and exit, @spacetrader when catching this one in the beginning.
I like how it's going sideways now for what is now working on its tenth week. That's a good sign this is actually on its course to a Wyckoff Spring Cycle. Is...
Last hours STEEM is knocking on the Lead 2 (Senkou Span B, at the moment the upper border of the cloud), trying to leave the Kumo cloud.
If it managed to do so, with all other bullish signs at their places, we can expect a rally up to the 0.00029 STEEMBTC level.
So, fellow Steemians, maybe it's worthwhile to hold on and try to sell our hard-earned & powered down...
here are the support/resistance levels on the STEEMBTC daily chart.
- support could come from the Conversion Line (Tenkan Sen, the blue one)
- resistance from the Kumo Cloud and the Base Line (Kijun Sen, the red one)
After broken the neckline of the H&S price going down pushing more down against the rally of BTC (yellow line) and little volume.
A see a change of tendency for STEEM recover after forming a star candle at the 0.00018260 support line.
To continues this uptrend we need the volume of the last days and keep on eye on the BTC behavior and we gonna see a good and...
After forming a cup and handle pattern (is to possible that STEEM make a retracement) because is going inside a overbought area + broken Rsi , to follow this uptrend.
If TA works the target is the same like the deep of the cup (HUGE)
Happy trading
After forming a cup and handle pattern (is to possible that STEEM make a retracement) because is going inside a overbought area + broken Rsi, to follow this uptrend.
If TA works the target is the same like te deep of the cup (HUGE)
Happy trading
