Steem (Cryptocurrency)
STEEM With A Big +1500% Opportunity (SHORT TERM)I love this market because there are endless possibilities...
Almost every coin is as cheap as never before (in btc value). People are afraid to buy and the media also report nothing positive. That's how I love it.
Today I'd like to introduce you to Steem, who also just joined my portfolio. Just like Siacoin, we see a perfect ABC correction with a contracting flat. Anyone who does not know what I mean, just ignore it.
Also, it is easy to see that the markets are simply manipulated. You can see that on the colored rectangles. Steem did just almost the same as 2-3 years ago. If you do not recognize the same pattern, I recommend a pair of glasses.
For me this means that we are slowly reaching a bottom like in March 2017. That means Steem will someday start a bullrun and I would like to take this with me.
I would not be wondering about 10000% gains, but let's leave that the future :)
Our first target: 0.0004 btc
Update comes when we reach the target or see some major movements.
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Check out when I started telling people to buy:
Still about to make a move ( likely bullish ) Steem is going to the end of Symmetrical triangle, it's going to make a big move in the next couple of days. And I'm more biased with a Bull move because it's just passed and found support above the Cloud, some momentum indicators also lead to the same Bull conclusion.
That's for Technical Analysis. For Fundamental, Steem is no doubt the most undervalued altcoin at the moment. It has the highest transactions per day with various working DApps. So you can jump in for quick short term profit or just simply hold it for long term.
3,013% Potential Profit - NO BS! STEEM:BTC on Binance!D4rkEnergY is ONCE again back with more wisdom and love to crypto community, and especially to his followers. This time we are looking at STEEM:BTC -its not often we do it, but we are here looking The Monthly chart!
First of all: This is not a joke. TA supports in fact this possibility with the more than a 1 year long descending wedge, which is a Bullish formation. If you want to try out this signal, only put a very small percentage of your total portfolio in this trade. Maximum 1-2 %.
Notice how we have a smaller wedge (in purple) inside the bigger wedge. We will drop down, but then we might catch one of those longs spikes, which STEEM tends to do.
1,000 %(!!) Increase in Single Month
Before some people might shout BS, we can see, that is has before gained more than 1,000% in one month.
So here you go!!
With Love from D4!
I hope you will give a LIKE for all the content I provide you! Thanks in advance!
STEEM/BTC Update
Keypoint :
- After fail to retain it's bullish up trendline, currently it's been not looking so well as it's more looks likely to test it's previous low around 4000 satoshi.
- On Bullish side, This also could be a reversal pattern in forming such as double bottom pattern or Rounding Bottom pattern and similar reversal patterns IF the price action manage to hold above 4000 satoshi.
- On bearish side, if STEEM/BTC cannot manage to hold above 4000 k.. expect a devastating dump on price as the listed target already been projected with fibonacci line. *click the picture for more detail about potential support/resistance.
- Keep in mind also since this coin didnt have much liquidity on crypto market capital (around $0.13B) , i expect a sudden movement/volatitily on the market by major entity with high capital as it's cannot be predict.
Indicators :
DMI : -DI spike up and create a huge range with +D, Bearish trend overall for STEEM/BTC with a low momentum as ADX still below 25.
MACD : although there's a bullish divergence between price action and buyer histogram. the price action seems didnt budge about it and now it's will switching to seller histogram. MACD line also still in bearish area and soon will move further toward downside
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
SteemBTC Is On support with reversal candle SteemBTC Is On support with reversal candle
Buying At: 0.00004433
Target : 0.00004922 0.00005454
Stop Loss : 0.00003965
Risk 10%, Reward: 23% Very Good Ratio
on steemBTC there Risk rewarding Ratio is Also Very Good
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View
STEEMETH hodling altcoins? don't miss the chance to make them make you richer! just holding crypto can make you a better off in future, but trading cross-coins can make you even better!
I'm just expressing my thoughts on STEEMETH here, not a financial advise or a trade signal, everybody should take his or her own responsibility to enter or exit any trade. I write here and on other social media to get feedback, learn and correct myself.
and I truly appreciate meaningful engagements with my content :)
the blue downtrend line, shows a resistance, but even below that, which is possible to be touched, there are fibonacci retracement levels which are more probable to be met: 0.002 to 0.0024 most probably, then 0.00277 and 0.0031 as the 61.8% fibo retracement level.
I have posted this on my publish0x account, honarparvar, but can't put the link here... please go to publish0x dot com and check my user @honarparvar there to see the original post if needed.
I also write on twitter and steemit sometimes, same username.
cheers
SIGNAL OF THE DAY: STEEM:BTC on Binance 174% Potential WinWhales Love STEEM. And this if for the D4rk Army who loves to Gamble.... Look at that accumulation phase we have going on for a while with sideways movement. This is risky, but if it TAKES OFF, you will thank your commander D4rkEnergY for this super signal.
Steem is known for making those crazy spikes, and if you look back at the chart, you can can see that water is starting to boil.
My beloved Friend, my soldier! Go in and buy STEEM now, and hope for whales will pump this coin!
Remember that 2019, is MY Year - and also yours. So do the right thing and put a Stop Loss!
Hit that like button, like a BOSS!
D4 Knows Everything
STEEMBTC Latest Technical AnalysisWe are doing Analysis of NEBLBTC on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
STEEM About To EXPLODE!!!Hello World, hope it’s going great! If you followed my last idea, then Congratulations on making that quick 90% profit in a day. Today, we’re gonna look at Steem against BTC as the chart looks ripe enough for us to trade. I will keep it real simple as it looks like this is gonna be an easy trade which is gonna potentially generate massive profits. So without any further ado, let’s jump right into it!
\u2028Since pretty much a month, Steem as been moving sideways and accumulating well. Looks like Steem is ready to blow past its major resistance as it is now fighting to get past the 50 MA. IMHO, I believe Steem is going to get past the 50 MA level in the coming hours and head towards the target of around 6200 sats to test the resistance and hopefully crush it on its way up. If it gets past that level, the next level of resistance is around 8000 sats which is actually much harder to break. I think that Steem will easily reach that level in the coming weeks. The MACD indicates a bullish momentum and we have enough room to go up before experiencing any potential downside.
These are the following short-term targets (< 1 month):
T1: 5850 sats ( might just hit it within a couple days)
T2: 6250 sats
T3: 7000 sats
T4: 8000 sats.
\u2028
We might just hit all the targets in the coming 20 days.
Smash the like button if you like this idea and follow to stay updated. Comment if you’d like me to have a look at any other coin(s). Don't foget to look at some of my previous ideas that generated me over 80% gains. Happy trading guys, good luck to y’all!
\u2028
Steem Price Analysis STEEM / USD: Pressured On All SidesSteem / USD Short-term price analysis
Steem has a bullish short-term trading outlook, with the cryptocurrency still holding above its 200-period moving average on the four-time frame.
The four-hour time frame is showing that an inverted head and shoulders has been triggered, with the bullish pattern twice failing to meet its overall upside objective.
Technical indicators on the four-hour time frame are bearish and show scope for further downside.
Pattern Watch
Traders should note that a bearish double-top price pattern is currently present on the four-hour time frame.
Relative Strength Index
The RSI indicator has turned bearish on the four-hour time frame, with the indicator still showing scope to trade lower.
MACD Indicator
The MACD indicator on the four-hour time frame has turned bearish and is currently generating a sell signal.
Steem / USD Medium-term price analysis
Steem has a neutral medium-term outlook, with the cryptocurrency now testing its trend defining 200-day moving average.
The daily time frame is showing that a complex head and shoulders pattern has formed, following STEEM / USD buyers inability to rally the cryptocurrency above the April trading high.
Technical indicators on the daily time frame remain bullish, although downside selling pressure is building.
STEEM / USD Daily Chart by TradingView
Pattern Watch
Traders should note that a breach of the current monthly trading low could trigger a bearish breakdown towards neckline support.
Relative Strength Index
The Relative Strength indicator on the daily time is bearish and highlights the growing medium-term weakness in the STEEM / USD pair.
MACD Indicator
The MACD indicator on the daily time frame is bullish, although downside pressures are building.
Conclusion
Steem’s current inability to make new higher price highs is starting to weigh on its overall sentiment, with the sellers now probing towards its key 200-day moving average.
Continued weakness will further strengthen the medium-term bearish case for the STEEM / USD pair, with the formation of the complex head and shoulders pattern on the daily time frame offering a warning of the potential path ahead for the cryptocurrency.