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Steem-btc

STEEM trade set up?Got my eyes on some STEEM at the moment, its had a great few months spitting out some great trading opportunities and confirming these supply levels already. We can see supply created back in November last year with the drop out of that large consolidation area before the market made a decision, this was acting as a solid resistance for the past 5 months so far with a few attempts are trying to break with very low volume so not really having the grunt to bust down those layers...it just wasnt ready. However over the past month we have been building a nice steady up trend and the last impulsive push managed to break that supply zone now opening us up to the possibility to push higher. Its since had a healthy retrace but i believe it has a bit more of a bleed left in it yet and as BTC looks as though its about to make a decision out of this range, we may get a nice low entry so im happy to put some luck dip buys a bit lower and extend my stop loss to give it some room, BUT for the sake of the chart im going to place my stop in a zone thats easy to understand for now just below the 618. This may take some time to play out but its looking like a really nice R/W:R for a descent potential 50% on over all run but there will most likely be a potential to swing the move up. i can see a level of resistance at that last previous top around 1446 and the higher supply around 1621 is my current area of interest although i will be trading this for a month or so unless of course it delivers the goods much quicker :) CCI has some time to settle but still room to go for another run soon, and volume although retraced on the price action is still climbing well which gives me confidence in this having the legs to run up. will keep this one updated over the next 2-4 weeks.
Long
by Unity-Trading-Group
STEEM/BTC-Long setupSteem is a cryptocurrency token that has utility on the Steemit platform – an incentivized blockchain-based social media platform founded by Dan Larimer, who is also the founder of BitShares. STEEM will be launching their MainNet on 24th March'2019 after the TestNet was released in the month of January'2019. It might affect steem price analysis so let's analyze the Daily Timeframe chart of the pair to know levels to buy for upside potential and one of the best performing coins now. STEEM/BTC pair has already seen a surge of 100%+ in December month and 50%+ in the month of February 2019. There is a more potential upside for the pair with the upcoming catalyst (MainNet). If the Pair breaks the preliminary resistance around 0.0001168-0.0001260 Satoshi, then one buy at these levels after the retest. If the resistance is not broken then we can see the price reaching support level 0.0000900-0.0000835 satoshi where interested buyers can look for these levels to enter for safe entry. If the 0.0000900-0.0000835 satoshi level is not respected then one can look for buying around 0.0000645-0.0000667 satoshi level with a tight stop-loss. Sellers can look for two potential resistance zone around 0.0001800-0.0002000 satoshi to book profits. Also, it has been trading above the 200D-SMAs and Ichimoku cloud, which is slightly bullish. Caution: If the last line of support 0.0000645-0.0000667 satoshi level is broken then one should not hold the coin as it would be strongly bearish for the asset.
Long
by coinswitch-trading
STEEMBTC - ANOTHER PATTERN Buy Price: Green Zone TP: Blue Zone Support: Orange Line Resistance: Purple Line SL: Red Zone (I don't recommend to sell in loss.) Invest Suggestion: 20 Percent Profit Expectations: 10 to 40% Another pattern founded in STEEM, it's seems very likely to happen again ( borwn circle )! All techinicalls are pretty good! See me previous analysis and how profitable the are!!! Sell when you get some profit, according the way you trade. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
Long
by CGCryptoTrader
2
STEEM/BTC going for 25k sat?Steem is still in a correction but it found nice support line at 13k satoshi as for now. It's highly possible that we will see 25k sat. in that next upward move. ------------------- DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss. If you like my charts, follow me on Twitter or Steemit.
by Voytech
STEEM FORMING THE RIGHT SHOULDER, 71 % OPPORTUNITY!Steem has been on a breakout yesterday, since one day it has made more than 25 % rise and has confirmed finishing the head and is just about to start the left shoulder pattern and has confirmed it with yesterday's spike. So now I am expecting Steem to finish its right shoulder pattern in the upcoming weeks where it should stop at 0.00043 BTC as there is downward pattern if we look at the tops it have been making with its left shoulder and head so we are going to meet the resistance when we intersect with the red line however if we break this trend I am expecting Steem to go up further to the price it has made with its left shoulder, in other words right shoulder will be the horizontal reflection of left shoulder where it will do its peak at 0.0005 BTC. So my advice on this trade (this is a HODL trade), buy now sell when we come close and intersect with the red downward line and wait for the market to react if we break this trend then it is time to buy back but if we bounce back down from this trend it means we are on our way to finish the right shoulder by going to the bottom. Good Luck, Traders!
by farhadjafarov7