Get started

Steem (Cryptocurrency)

STEEM about to explode STEEM's RSI is spiking and its about to break a long bullish pennant. You can see a nice squeeze from the Bollinger Bands preparing to launch it to new highs. I use STEEM frequently, I think that it is slowly becoming a huge social media platform. It rewards you for posts and participation in STEEM and is run with blockchain technology. I suggest that everyone makes a steemit account and starts posting in order to earn some free STEEM! GO LONG Follow me on steemit @nschairer
Long
by nschairer
3
STEEMBTC - STEEM Found Support, what will it do next?Steem community is growing day by day! I see that it found support at round the 0.618 fib level however I'm still not convinced on the upward trend. I think it's going to either bounce between 0.618 and 0.5 for a couple of days or start to climb. However I'm not expecting substantial growth quickly (which is a good thing!). This would be a good time to buy and wait until it breaks the 0.5 fib level. If it does, I'm expecting it to follow the trend line. If you're holding or buying short term, set your stops 0.00035 if it decides to dip. Otherwise HOLD...Steem has a lot of potential for growth over time :) Neutral for now, will update if anything changes!
by MoeB_712
Steem consolidation, LONG! It's time to fill your bags!I to strongly advise against shorting Steem at the moment. It's highly probable that a buy back will be impossible. You have a great chance to enjoy a long "UP" trendline. I see no more space for a down volatility. I will support Steem for the next few years, I love the Idea and the chance behind it: twitter.com The Idea of Steem: www.youtube.com Steem pros: 1. -Steem is the first decentralized social media, it's a innovation! Collectively, user-generated content has created billions of dollars worth of value for the shareholders of social media companies, such as Reddit, Facebook, and Twitter. Steem supports social media and online communities by returning much of its value to the people who provide contributions by rewarding them with virtual currency. steemit.com steem.io steem.io 2. -Steem Marketing just started! Mitchell Loureiro (@zurvanic), and Community Liaison, Andrew Levine (@andrarchy), are leading the new marketing team. The goal is that Steem will go mainstream! - www.youtube.com - www.youtube.com - steemit.com -https://steemit.com/steemit/@stephenkendal/steemit-and-linkedin-calling-out-to-all-users-on-linkedin-let-s-see-if-we-can-make-it-a-1-000 3. -Steemit VP of marketing Mitchell Loureiro gives us an update and talks about Bitcoin & Altcoins(many other reasons to invest in Steem): www.youtube.com 4.Announcing new web-client for Steem/Golos blockchains: steemit.com 5. - Steem already has applications with a product out steemtools.com 6. -The inflation is now about 0.095 per year, the coin value is no longer losing worth as drastically. Source: steemit.com 7.- logical aspects: many user bought Steem at 4Usd, or 3Usd, 2Usd 1usd .... everyone of them have to hold the coins and wait till the price will increace The price deflation was planned this isn't a scam this was obvious in my opinion! coinmarketcap.com Other interesting links: - www.youtube.com - steemit.com - www.youtube.com 8. -I have very good connections to a programmer, he wrote a master thesis about BTC, Dash Monero and Zcash we are talking about crypto several times a week! -We have the same opinion about Steem! Thanks for your attention! I do everything with a clean conscience and I am trying to give people well-meaning suggestions! Best wishes your Altcoinanalytics
Long
by Cryptonerd2015
7
Graphene Blockchains, probably good to swap your BTS for STEEMAs there are only currently to major blockchains running under Graphene codebase, Bitshares and Steem, the userbase seems to be pretty much intersected. Steem dollars had an ATH in both volumen and price, and also Steem and Bitshares are reaching very good trading volumes. Bitshares has recently increased around 300% in value in a few months but Steem didn´t. So far the STEEM/BTS ratio it´s at the bottom and seems a good idea to swap a stake of your Bitshares into Steems. In case you don´t have any, a long position into Steem seems good.
by fran2k
1
Steem Weekly There is possibility which will be clear at the end of the week that pair on weekly chart will create very interesting candlestick formation which is called rising three pattern. It will not be exact as the perfect one but if you consider nature of cryptoccurency(extreme movements in short period of time) I think it is justified to use it as suggestion for continuation of trend. Rising three pattern is used to confirm trend and looks like this that there is big bullish candle which is followed but 3 small bearish candles and then there is 4th candle which is also big and body should be closed above the body of the previous big bullish candle. Second important signal is Fibonacci 23.6% retracement. This is as much important as the 78.6% and it is very goo indication of trend reversal.(in our case from bearish to bullish) Let observe what level the weekly candle will close. The perfect closing level would be 2k + For TP area I would go for 161.80% combined with round number which is 5k or the one from my previous chart linked below. …..I will post 4h detailed idea also.
Long
by Krystiannwk