$STEEM, Crazy volume flowing in here as it flipped ~1867 sats $STEEM
Crazy volume flowing in here as it flipped ~1867 sats resistance level into support..
Making a new leg up around 15% & reaching ~2280 resistance level (UCTS Buy signal catching the entire movement)
Buying here is RISKY (for my eyes).. Wait for a potential flip of this level as new entry..
#STEEM
Steem (Cryptocurrency)
SteemDollars Support & Resistance | Bulls FavoredSBDBTC (SteemDollars) is now trading just above EMA200 and ranging in-between MA200 (support) and EMA300 (resistance)... Let's take a closer look at the chart!
As I just mentioned SBDBTC is trading within the black (MA200) and gray (EMA300) lines but going in favor of the bulls, why?
Since October 2019 SBD has been printing higher lows.
Prices are safely trading above MA200 as well as EMA10, EMA50, and other major moving average lines.
The MACD is on the bullish zone and starting to curve.
The RSI is strong/bullish above 50 and positioned to move higher.
The smaller capped altcoins are extremely bullish and SBDBTC is part of this group.
You can find additional targets if you zoom out.
This is not financial advice.
Thanks a lot for reading.
Namaste.
STTEM/BTC Channel Breakthrough. Expanding + Symmetrical TriangleThe previous trading idea for this coin yielded more than + 70% profit.
There was a breakthrough of the horizontal accumulation channel.
The price is now above the resistance of the horizontal accumulation channel.
An expanding triangle is being formed on a global scale. And now inside is forming a symmetrical triangle.
The monitoring area was shown on the chart.
TARGET
As the trend continued, I showed the levels of the target zones on the graph.
ENTRANCE
On a breakthrough or rollback after a breakthrough, if there is one, the resistance lines of a symmetrical triangle.
Stop loss
Under key support levels during your entry into the market.
The previous trading idea for this coin yielded more than + 70% profit.
STEEM. A major player is gaining a large position of coins.
+ 72% from the bottom of the channel
STEEM seems to have completed a flatIt seems that Steem pulled a flat pattern during this bear market.
Completely under the radar coin, for now. A 30 X to reach new ATH seems possible
Steem Uptrend Gains Momentum, Aiming HigherSTEEMBTC (Steem) just produced a higher high (HH) while gaining bullish momentum.
The chart for Steem looks really good and allows for additional growth.
A new uptrend has been confirmed with bullish indicators:
We have a bullish cross of EMA50 and EMA100.
The RSI continues strong while aiming higher.
The MACD is bullish while trending up.
Good trading volume.
These are just a few of the signals that the STEEMBTC chart is showing... Here you can read more:
Feel free to hit LIKE/FOLLOW to show your support.
Namaste.
steem steem now is on ml line of main chart . stemm have two way :
way 1(green way ) : if steem success to break and hold 0.00002510 then immediately pump to 0.0000049 or 0.00007324. indicator is good but i affair because steem before dump to 0.000011
.then buy at good candle .
way 2( red way ) : if steem cant break and hold 0.00002510 then move to 0.000011
good luck
STEEMUSDSTEEMUSD
The drop rates and fibo levels are on the chart, they must be 11-17 usd in the 2020 range or 2023 range
It dropped about 98%, then saw the 1.886 level of the fibo drawn between the peak and the bottom and closed weekly at the 1.272 level.
Similarly, it dropped nearly 99% from its new peak. If the fractal movement occurs, the fibo level drawn between the peak and the bottom between December 2020 and December 2023 can be expected to see 1.886-1.272 levels. 11-17 usd
I am not entirely sure how to calculate time in crypto technical analysis, so I used the fibo timeframe and I realized that December 2020 and December 2023 could be important. It makes me very happy to advise me on time.
Education Work, Not investment advice.
YTD
STEEM. A major player is gaining a large position of coins.STEEM / BTC accumulation channel exists for 4.5 months. A huge position is being recruited by a major market player. On the chart we see 3 zones of huge volume. We see long shadows. This means that someone bought in the market the lower sell orders that have accumulated. Then the price was lowered back down so as not to make a false start to growth.
Target. There are two options for trading this coin at the moment:
1) The first option . Trade in the accumulation channel in increments of 30-40%.
2) The second option. Entrance during a breakthrough or rollback after a breakthrough of the accumulation channel.
The first target + 50% -100% This is only the beginning of the movement if the trend changes from sideways to upward.
The potential is more than + 3000%. The coin has fallen in price from the last peak more than 40 times! And these were not peak prices at all for the history of trading.
Stop loss
Under key support levels during your entry into the market.
above .236 long opportunity we've had a such a big long consolidated bottom and we're finally currently testing a breakout zone.
Trade: open long if price has a 4hr close ABOVE .236 price (above red line)
Target: see chart, as my crystal ball is broken currently, if the alt market starts to stall i will update on here but i think theres a good opportunity we complete 5 waves up as per the chart suggests.
Elliott Wave Count on SteemBITTREX:STEEMUSD
Here is my Elliott Wave Count on Steem, from March 2017 to January 2018, it had a mayor multi-month Bull-Market, going from $0.06 USD to about $9.3 USD, that is a 155 to 1 rise. It climbed in a clear 5-wave impulse if you look at it in a Weekly Logarithmic Chart, which I did.
From there it has decline almost 99% from the January 2018 highs, to the November 2019 lows, almost 23 months. From $9.3 USD to $0.09 USD, but above the March 2017 lows of $0.06 USD. The bottom could have been set at the November 2019 lows of $0.09 USD.
The decline from the January 2018 highs to the November 2019 lows has been in a 3 way decline, as seen in the char, an ABC Zig-Zag, elliottwave-forecast.com , a deep and long one.
From that low, it has been rising, along with the stochastics indicator, which is bullish.
This is not a recommendation, just my doing. I’m entering long here, at $0.20 USD, with a stop at $0.08 USD, one cent below support, and with and initial target of $0.60 USD. But of course, it could climb much higher. That is a risk-reward ratio of 3.3333 to 1.
Steem is the cryptocurrency related to the Steemit Social Media Platform, steemit.com , here you can find more information about it: coinmarketcap.com , steem.com
Good Luck to You
STEEM/BTC, Bullish shark, 4 hr MAs, 0.786 fibBullish shark can extend to the 1.13 or .886 but I beleive it will stop at the 0.886 due to the confluence of 50, 100, 200 MA on the 4 hour being in the same range and that point also being the 0.786 retracement for the current swing's low and high.
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH.
STEEM. A major player is gaining a large position of coins.STEEM / BTC accumulation channel exists for 5 months. A huge position is being recruited by a major market player. On the chart we see 3 zones of huge volume . We see long shadows. This means that someone bought in the market the lower sell orders that have accumulated. Then the price was lowered back down so as not to make a false start to growth.
Target.
There are two options for trading this coin at the moment:
1) The first option . Trade in the accumulation channel in increments of 30-40%.
2) The second option. Entrance during a breakthrough or rollback after a breakthrough of the accumulation channel.
The first target + 50% -100% This is only the beginning of the movement if the trend changes from sideways to upward.
The potential is more than + 3000%. The coin has fallen in price from the last peak more than 40 times! And these were not peak prices at all for the history of trading.
Stop loss
Under key support levels during your entry into the market.
STEEM/BTC TA Update (Big Pump?)STEEM/BTC
STEEM pump over 50% swing high and pierced through 200D MA dynamic resistance.
The RSI hits overbought extreme conditions, we might see some pullback to key support areas between 2000 - 1700 sats.
Don't rush into trade, wait for the best pullback to avoid getting rekt by the whales.