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Steembitcoin

Steem | Gartley and about to break resistance for upto 896% moveHi dear friends, hope you are well and welcome to the new trade setup of Steem coin. The last biggest harmonic move Steem formed back in Mar 2020, which I shared as below: Now on a monthly time frame, Steem has again formed another big harmonic move, and this time it is a bullish Gartley: On a daily time frame, Steem is also about to break down trendline resistance as well. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
Steem coin formed huge bullish Gartley | upto 896% massive moveHi dear friends, hope you are well and welcome to the new trade setup of Steem coin. The last biggest harmonic move Steem formed back in Mar 2020, which I shared as below: Now on a monthly time frame, Steem has again formed another big harmonic move, and this time it is a bullish Gartley: Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BINANCE:STEEMUSDLong
by moon333
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
SLong
by EnZo
4
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
by PolarHusk
3
STEEM looking to test monthly resistance (HIGH VOLUME)STEEM has broken the daily resistance level at 2381 by wicking above the daily resistance. If new candle opens above daily level, then we may see some move upward till monthly resistance. It is the 3rd time the monthly resistance is going to be tested. The more times a level is tested, it becomes weaker. We may see the monthly gets broken due to 1.High Volume 2. 3rd Time Test 3. Candle forming above daily level 4. Upper trend line also acting as a support. In other case if 3rd time the resistance is rejected then it may retarce back to test the new support at daily level. Also 3rd situation is: If candle is unable to form above daily level which is 2381 then we can see a retracement back to 2260. Wait for the new candle to be formed. Then decide accoordingly.
by SmartMaxi
2
STEEMBTC forming bullish Shark | Upto 32% move aheadIn my previous article as I have shown that the price of World's 78th ranked cryptocurrency Steem is forming bullish Shark pattern in US Dollar pair now same as like that move the price action of Steem with Bitcoin pair is also forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. Let’s have a look on the dimensions of Steem with BTC pair price action's moves: After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 0.886 to 1.13 Fibonacci for a perfect bullish Shark and then the price action will be entered in potential reversal zone of this bullish Shark pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move. As per Fibonacci sequence method we can set our targets as below for mid term trade: Buy between: 0.00001611 to 0.00001487 sats Sell between: 0.00001725 to 0.00001976 sats So this trade has potential to produce upto 32% bullish move. Regards, Atif Akbar (moon333) The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Long
by moon333
Steem/Bitcoin (16 May) #STEEM $STEEM #BTC $BTCSTEEM has increased and touched the strong resistance, I don't think we should wait for the magic to come. Because there is one BIG magic is showing the possibility of losing 50% of value in a short time The expected buyzone will be 250sts and this will be a safe price range for us to hold long-term After touching this zone, STEEM will increase quickly again and the expected target is 650sts Stoploss if price is lower than 230sts
by CryptoStation
Analysis on STEEM/BTC and price objectives Can you see the clear inverse correlation between BITTREX:STEEMBTC BINANCE:STEEMBTC and BTC Dominance? ** Not at all calling this a STEEM/BTC bottom, but the chart itself is fascinating. Some main points: 1) Sitting on support @ 2 year ATL - bust these lows and we need to redraw our fibs for profit targets. 2) Confirmed bullish momentum/volume divergence not shown on this chart, but present within OBV and MACD. 3) BTC Dominance not looking toppy which makes our bull case for STEEM/BTC unlikely at this point in time. 4) 50% retracements make for conservative and reliable price targets. Thank you Mr. Gann. 5) Majority of alts looks similar. Ran TA on STEEM because of the interesting low we're testing atm. Want to learn the basics of technical analysis, risk management, and the fundamental principles of profitable trading? Check out our Level 1 course.  Giving it away for free right now for Tradingview users to beta test over the next few weeks.  Over 20 hours worth of content, brings you from the ground up and gets you analyzing charts like smart money.  Use discount code 'Tradingview' - learn more and get a free course preview here:   education.truebinary.io
by bitflip01
1
STEEMBTC - ANOTHER PATTERN Buy Price: Green Zone TP: Blue Zone Support: Orange Line Resistance: Purple Line SL: Red Zone (I don't recommend to sell in loss.) Invest Suggestion: 20 Percent Profit Expectations: 10 to 40% Another pattern founded in STEEM, it's seems very likely to happen again ( borwn circle )! All techinicalls are pretty good! See me previous analysis and how profitable the are!!! Sell when you get some profit, according the way you trade. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
Long
by CGCryptoTrader
2