STEEM Short Term A long term wedge looks to break sideways, expect upward trend. First touch will most likely reject the level, sell at that point and buy back lower, second attempt will look to gain that support. After which it will target the next level. If it fails again we could see it return to the established support in the current channels.
Steem (Cryptocurrency)
STEEM is Ready for BIG Rally. 13-40% Profit Expected in ST.DONT FORGET TO LIKE THIS ANALYSIS
Chart Duration - 4H STEEM/BITCOIN BINANCE
RISK LEVEL: 3/10 (Less means, Less risk)
Key Points
1. Bottomed out at 11820 SAT Key level from where it jumps back heavily. Excellent buying zone (check 18 sept 2018) 11820 strong resistance if broken good sign.
2. Fibonacci on 4H, touched 127.2 FIB, 127 is always a good reversal point.
3. RSI very good around 30-35 (OVERSOLD)
4. MACD good buying signal
5. MFI money flow in
6. STOCH - reversal expected.
7. Good fundamentals - twitter.com
8. SteemFest Global Gathering
9. TestNet 15.1.18 Steem Smart Media Tokens
BUYING ENTRY : 11400-12000 (Buy in Parts)
SELL TARGETS : 12730-13200-14290-15000-16700
STOP LOSS : 11000
Recommedation : Focus more on first 3 targets if short term, if long term holder wait for big targets
Time to reach Targets: 1-2 Weeks for 1st 3 Targets & 3-4 weeks for rest of the targets.
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
STEEMBTCSTEEMBTC , time to rise
U can buy it from this price and wait the two targets on the chart , or U can wait till the price break the down trend line .
If the price can't break the down trend line it can go more down and break the new support line , In this case you can wait and buy more from 1085 - 1075
good luck traders
STEEM is ready for a moon ride!Steem is looking very bullish, an upcoming AB and C wave is on the way!
With the upcoming news as well: 07 November 2018
SteemFest 3
SteemFest 3, the third global Annual Steemit gathering, will take place in Krakow, Poland from Nov 7-11.
15 January 2019
TestNet Release
Steem Smart Media Tokens (SMT) TestNet release.
Expecting very good returns: Buying 0.000120-130 with a stop loss of 0.000115
Selling targets: 0.000145-177-210-255-333+
STEEMBTCSTEEM is drawing funny patterns. Since sentiment is turning bullish more and more, here's my trade idea for it.
Entry at retest just above 12k support with narrow stop loss (just bellow 0.786 Fib retracement level) with three main targets - 0.618 retracement level of last drop, previous high and 1.272 extension.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
STEEM Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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STEEM/BTC Mid-term AnalysisSteem has a working product and ten thousands of users and their business model is also interesting. They're the new blogger.com and medium.com if I can say. But with blockchain. Of course. So the fundamental factor behind this coin is no doubt, aside of that their team also developing SBD or Steem dollar but i'm not discussing about it here. The thing is they have a higher chance to survive for the next 5-10 years with the consistency of their productivity right now.
As the bear market has causing a lot of majority alt-coins price meltdown, what interesting on Steem right now is that the chart looks pretty juicy. The pattern that we have here is a falling wedge that one of few famous pattern used for reversal trend. With a confirmation that the chart already bottomed and not pumped yet from the nearest price action in 1-2 weeks before. It's a good entry around 1300 sats, since I think that Steem need to be cooled down first. But if the bull is continuing as we're get closer to the one of big sentiment which is few ETFs announcement this year, we can re enter around 1400 sats as the closest resistance at the moment. but it's also quite far from the cloud, so the reason not to be perma-bull is quite reasonable.
Over all, we're investing on this one with such overview. I probably looking for the next confirmation to put next position which is average up or average down based on the trend, but we're probably not in term doing so in few days/weeks ahead.
STEEM - Corrective and next cirle, Moon wait usSteem is currently in the swing trade area and forms the short-term and medium-term correction zone in its downtrend trend. We find Steem's oscillator area quite wide, we will closely monitor this trading code to find the best order.
Any PO area will be moonlit with this lightning fast code
Please select the most effective trading area with this code offline!
Wish you success, like us if you love!
[STEEMBTC] LONG - STEEM Is Next [700% - 5800% PP]Let's take a look at Steem in anticipation of the next cryptocurrency market bull run... ALTCOINS ARE EXPLODING... Many are waking up!
Now, this is simply a trade, and trades can either be a success or a fail. Whichever way this one goes, just keep in mind your potential risks vs rewards.
Potential for this trade based on all time high and STEEMBTC 2017's peak
Looking at June's 2017 peak on the chart below, we have over 700% potential profits.
Based on STEEMBTC all time high, we are looking at 5800%+.
These are great numbers, but we are certainly happy with 20%, 30%, 50%, 100% profits or even more. The important part is to buy coins at the bottom, wait long, and sell when the price starts to go up.
You sell on target for profits. You can sell on each target as much as you want.
As soon as we hit our first target, you raise stop loss above buy in, this is true for all of our trades.
Here is the weekly chart:
I marked the date for each "bottom", when STEEM bounced and started to move up.
We have bullish divergence on the MACD.
The RSI and STOCH are both showing plenty of room available for growth.
If you want to have a closer look at some bullish signals, take a look at the daily chart.
Trade instructions for STEEMBTC by Alan Masters Trades
Buy in: 0.000120 - 0.000130
Targets for STEEMBTC:
(1) 0.000142
(2) 0.000174
(3) 0.000222
(4) 0.000293
(5) 0.000411
(6) 0.000497
(7) 0.000606
(8) 0.000725
(9) 0.000798
(10) 0.000918
Stop loss: Close below 0.000111 on the weekly.
ACCEPT WHAT ALREADY HAPPENED, OPEN UP FOR THE NEW THAT IS TO COME
When you accept the past and learn from your mistakes, the doors for blessings will open and a new reality can emerge.
For the future to be simple, abundant and prosperous as we all want.
We need to practice and practice, by living and accepting...We are being prepared for a new home.
These past experiences is the training that you asked for...
So don't cry over what already happened, accept it... and open up for the new, that for you is about to come!
Namaste.