STEEM STEEM after this positive period has reached important levels of resistance, I believe that before being able to overcome them it will have to take a break
Steem (Cryptocurrency)
Steem / Bitcoin is looking for higher prices.#STEEM / BTC ( Binance and others )
Buy Range : 0.00000806-815
Stop Loss : Daily close below 0.00000640
Target 1 : 0.00001141
Target 2 : 0.00001541
Good reversal and price action in STEEM. Mainly , i'm looking for two key points to take profit and try to make really good profits.
Indicators like RSI , MACD , CCI , OBV are clearly bullish. Also, market sentiment and altcoins still doing very well.
Some minor pullback is possible due weekend and bitcoin movements, but buying between our range should be okies
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Time to get some STEEMTwo weeks ago, STEEM, the token of decentralized social media platform Steemit, has hit an all-time low of 424 sats on Binance. The token was in a prolonged bear market since May, when the community forked the social media platform after its acquisition by TRON.
Recently, STEEM had two green weeks, albeit with gains that were rather unimpressive compared to some altcoins.
Yet could this be the reversal of the downward trend?
To test this idea, we’ve asked Hybrid Intelligence the following question:
The cryptocurrency Steem (STEEM/BTC) settled at 0.0000056 BTC at 07:00 AM UTC at the Binance exchange on Friday, January 22. Will STEEM/BTC trade above 0.0000065 BTC (+15.19%) earlier than trading below 0.0000048 BTC (-15.19%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)
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Assurance: 67%
This means Hybrid Intelligence believes that there is a decent probability that STEEM will go higher before falling again.
It looks like the token is already at the rock bottom and a possible altseason wave might pick it up.
However, web traffic to Steemit, the social media platform, did not increase despite the growing interest in crypto. For comparison, Coindesk more than doubled its number of visitors since October.
So it’s probably a short-term trade for a quick gain rather than a long hodl.
TRON 2021 who that buying the STEEMITTRON is quite dumped for the time being.
but if u look recently on steemit, u will see that
TRX is already integrated on its platfrom.
look like compromising.
after the btc bear run, steemit is completely like a ghost town.
let's see how tron can go and bring steemit up again.
Rank #20
Coin
On 101,596 watchlists
TRON Price (TRX)
$0.03116
5.04%
0.0000008562 BTC
0.00002518 ETH
Altcoins possible trend reversalWith a lot of altcoins reaching new ATLs every month, we now might be able to look for a bottom. Steem is giving us a good example of RSI and MACD bullish divergence which is also vidible on 1D timeframe. Short term the price should reach at least top of the falling channel, but it also could signal trend reversal and possible bullrun, and not only for Steem but also for a bunch of other markets.
Similiar patterns are visible on 4H and 1D timeframes for XEM, BAT, DGB, ENJ, XTZ, TRX or WAXP.
So I guess it's a good moment to put a few more coins to your watchlist.
HIVE/BTCScanning Binance coins that have not pumped, as they seem to be taking turns. HIVE I am familiar with as they forked from STEEM and I got a free bag, nonetheless another shit coin.
On the daily, we are seeing a bullish candlestick variation which may hold as support, anything below that this move is invalidated. RSI is building up and getting a cross on the LTF EMAs which I like to use on the weekly, but we haven't had any action on HIVE in a minute so this may be up next.
Also to note, if STEEM pumps, this may follow, vice versa.
Steem may be setting up for an Ascending Wedge pattern.Please comment if you have questions. Remember: All technical analysis is a matter of probability and this may not play out.
We have 3 points of contact on both the bottom of the wedge and the top of the wedge which allows us to go ahead and consider the possibility of an Ascending Wedge pattern.
BINANCE:STEEMBTC
Steem Hits New All-Time Low... 83,000% To ATH!Let's start with the long-term chart... Notice how STEEMBTC just hit a new ATL:
The potential profits is huge... Over 83,000% to its All-Time High.
Now, the ATH does not need to be hit, in fact, for us to be profitable here we don't have to get even close.
We can be happy with 100%, 200%, 300%, or anything that is in the green/positive/plus.
"Once we reach bottom, the only place left to go is up".
Now, when we look at the 4H chart, we can see a break of support just to see a strong bounce take place with volume starting to go up.
This is just an early signal...
But it can mean that the bottom has been hit and from here on STEEMBTC can grow.
Namaste.
STEEM/BTCProbably some better choices out there, but this chart looks bottomed to me. Cut your losses if the channel breaks, I don't know how much further this will go down if the channel doesn't hold.
Target 2100-2500 sat area. Lots of potential here, but it might take some time!
Lots of coins looking like this. This will pump eventually, but remember there can always be more downside!!
steem why going so deep? time to wake up boyBase on the bolingger Band and price action, its look clearly going to be more narrow.
the more narrow it will be ,the sooner it will boom blast.
Steem is a good project that really implemented blockchain social media (blog alike).
that can tip publisher and users.
stay ahead.
STEEM/BTC What happened in the future?Hi all
It has been in the channel for a long time
And the market can go up and down in the same channel, and if it can break the resistance line, it will grow well.
Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad.
This is not financial advice.
Remember to do your own research and build your own plan before you trade.
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Good luck.
STEEM/BTC (Weekly Breakdown?)💎Technical Analysis Summary💎
BINANCE: STEEMBTC
-STEEM still has 1 day left before the weekly candle closes
-It is now trading below the weekly key level of support
-Technically, this is bearish in terms of price action
-If you are a long term bull, this level must not breakdown
-Because new price discovery and longer consolidation will occur
-Entering this market is a highly high risk
-But might be good for long term investors
-So please exercise proper risk management
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Buy above the Resistance 4000% tradeHello, traders.
Steem is on sideways movement since a long time ago and going to test the long-term resistance line, and we expect a very big bullish movement from there.
Best regards.
STEEM/BTC It has good growth potential in the medium termHi
Kindly like the ideas if it is helping you and leave a comment
It has been in the channel for a long time
And the market can go up and down in the same channel.
Channel is from 1500 to 2800
in the chart:
Targets: 2000 . 2250 . 2500 . under 2800
Resistance:2800
Strong Support:1500
Channel is from 1500 to 2800
Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Thank you for seeing idea . please support us
Good luck.
STEEMUSDT It's this a breakout on 3D chart?Breakout soon?
I think we have a copy/paste of previous breakout in January
So: buy now 0.215 (if we drop to 0.156 best entry)
Tp1: 0.3
Tp2: 0.44
Tp3: open
No SL
Enjoy!!
Steem could be the next decentralized social network!!! The Steem community is focused on driving usage to Steemit, the social media blog powered by the Steem blockchain.
Part of this drive included a program called “100 Days of Steem.” It’s a daily post geared toward building a community with wide participation.
As the 100 days wrap up, the Steemit team mentioned the creation of a roadmap. Its refocused goals moving forward will be the three R’s: recruitment, retention, and reward.This is how it’ll see a strong, vibrant community emerge and take hold.
Steem is also electing country representatives. The elected representatives will be tasked with spreading awareness in the countries they represent. And the application process should begin this month.
Steemit is the most active application on the blockchain. And it’s starting to develop a roadmap forward after March’s contentious hard fork. As Steemit regroups and begins to hit roadmap milestones, we expect it to drive STEEM’s value higher.
STEEM/BTC (Testing at Key Support)STEEM/BTC
-This coin is back at previous Swing Low located at 1700 sat range
-This area of support was previously a resistance zone
-Today, can STEEM confirm this area as still a valid Key support?
-Well, there is a chance if STEEM can pass 1900 sat and up
-But if the market becomes unstable in the next few days
-This support might not hold and send the price lower
-Technically, if you're a type of traders buying at key areas of support
-The 1700 range is a good confluence in terms of support and resistance
-The risk to reward ratio is also good
-So aggressive Buyers might already have positions opened right now
-Target is up to 2200 sat area or higher
