THIS IS A LOW-MEDIUM RISK to HIGH REWARD TRADE
POSITIVE INDICATORS
1. Steem has received a fantastic Weiss rating of B- (in our view these ranks are pointless but it definitely followed by a great price surge with media coverage). Steem has also been put into 5th TOP RANK
2. MACD looks positive for Steem short term and long term.
3. Google search for STEEM have went up by over 95% since then.
4. STEEM market cap is very impressive as well.
ESTIMATED GAINS
Short term prognosis - 20% Gains
Medium term prognosis - 70% - 200% Gains
Long term prognosis - 1,000% - 2,500% Gains
POSITIVE INDICATORS
1. Steem has received a fantastic Weiss rating of B- (in our view these ranks are pointless but it definitely followed by a great price surge with media coverage). Steem has also been put into 5th TOP RANK
2. MACD looks positive for Steem short term and long term.
3. Google search for STEEM have went up by over 95% since then.
4. STEEM market cap is very impressive as well.
ESTIMATED GAINS
Short term prognosis - 20% Gains
Medium term prognosis - 70% - 200% Gains
Long term prognosis - 1,000% - 2,500% Gains
Note
We are looking at BUY ZONE of around 4800 - but keep watch, if Bitcoin continues its temporary fall, we may get in on lower price - we will keep you guys update, make sure you're following usNote
With current market we should see bounce at 4790 - watch market closely if you're in this trade short term or thinking about buying lowNote
We are approaching our target zone - we do not recommend to buy in just yet, even if it starts risingNote
Note
We are very bullish on SteemNote
What a bounce back!Trade active
TRADE ACTIVE FOR HIGH RISK INVESTORS, everyone else can either wait for a better opportunity - lover risk
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.