Steem (Cryptocurrency)
Hive Short 10% ?Looking at Hive chart we can see we have a little push upward. If Bitcoin cant go trough the resistance we might see altcoin go down with it.
Hive resistance 1.006 USD
Support 0.89$
wait for long. We could go as low as 0.54 USD
Thanks for reading.
Good luck and good profits.
George
Not Financial advice. DYOR.
STEEM - unexpected pumps.STEEM along with it's hard fork HIVE sometimes does parallel pumps and these are not-so-much influenced by BTC /NASDAQ. I've deliberately chosen Bittrex exchange. You can take advantage of really small volume on most alt coins, the sudden high wicks are closing your deals in profit. (clearly visible on hourly charts)
STEEMUSD Spiral TargetUsing Fib spirals to plot potential Tops for STEEMUSD
Also have plotted the transitions between bear and bull
Am a bit concerned about the validity of the spirals placed on logarithmic charts, yet here we are
🆓Steem (STEEM) Aug-24 #STEEM $STEEMSTEEM has spent 2 months for moving sideways around 1200sts and in the coming days, STEEM is likely to have a strong rally with the nearest 2 targets at 1800sts and 2400sts and it can absolutely increase stronger. But if it loses the 1200sts zone this turn, it will fall down to 800sts zone
📈BUY
🔴Buy : 1150-1250sts. SL if B 1000sts
📉SELL
🔴Sell : 1750-1850sts. SL if A
🔴Sell : 2350-2450sts. SL if A
♻️BACK-UP
🔵Buy : 750-850sts. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
STEEMBTC - STEEM UDS - STEEM LONGENTRY - STL - TP on picture
TP of me . And TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT
I am fomo following the recent pump dump events
Steem Analysis - STEEMSteem is showing some bullish signs on the USD pair. With a price fold over the 1.618 level, in addition a green Gaussian Channel, which is a very reliable trend indicator
However, on the BTC pair price action is quite low
If a trend reversal occurs on the BTC pair the USD value could go quite high
Steem is a good coin, I have thought about baghodling it
Full STEEMit ahead xd.not a whole lot to TA, but support and resistances are looking good.
previous bearish OB turned breaker. huge wick into this breaker even touched the wicks of the lower creek.
again looks like its coming to the end of its accumulation.
- perfect jump across creek on strong volume confirmation.
- this one didn't have a spring like some other accumulation charts, but not all accumulations need a spring/stop raid.
- we should be in some form of Buy Up rn before we full send it on markup.
I mean.
$0.40 now
weekly close around $6.30
you do the math. I mean this is a straight bargain brother.
dunno about you, but then again I'm not missing out on this ride.
this things a straight relic in cryptoland. been around before the first crypto boom where I stepped in and got analed pretty hard.
BUT THEN AGAIN. WTH DO I KNOW?
I'm completely clueless and I should not be followed for my advice coz its wrong XD
Hive can reach 0.5 just like Steem, it is a possibility.There are many business people are looking for blockchain where they can develop projects such as NFTs, we saw that in Hive are also developing very interesting Defi with possible airdrop which gives more value to the blockchain even though it is down.
Do not take this as financial advice.