STEEMBTC cyclical pumps & dumpsSTEEM is pumping up whenever the 9EMA crosses abovethe 100EMA and crashing down whenever the 9EMA crosses below the 21EMA.
Green arrows point to pump and red points to dump.
RSI has had higher lows and larger green volume candles signal accumulation.
Trade carefully.
Note: This is not financial advise. Please do your own research.
STEEMBTC
STEEM BTC - Market cycle analysisShowing signs that the bearish market cycle may be coming to an end by looking at moving averages, volume profiles, fibonacci speed fan and time axis fibo. The high volume in the local (horizontal) trading range could indicate an incoming trend reversal, however this would need to be confirmed by bullish price action. If the price can sustain a trend above the moving averages then I expect we may see a shift to a bullish cycle.
Not an expert, not financial advise.
Biffy
Steem Starting To Roll | Easy 55%+ On The Next ImpulseI've been tracking Steem (STEEMBTC) for a while and waiting for it to shoot up... The charts are telling me that the next strong bullish move is getting closer.
STEEMBTC is now trading above EMA50 while gaining momentum on increasing volume.
We have a strong/bullish RSI and the MACD is flat and ready to jump.
Will Steem move higher?
The charts are telling us that the most likely scenario is additional growth.
Enjoyed this analysis?
Hit LIKE to show your support.
Namaste.
$STEEM, Waking up after crossing ~1500 sats level$STEEM
Waking up after crossing ~1500 sats level on a potential cup & handle pattern...
Crossing above EMA50/200
UCTS Indicator starting to show buy signals on lower TFs
~1900 sats as target from here
#STEEM
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STEEMBTC formed bullish Cypher | Upto 15% potential tradePriceline of Steem / Bitcoin cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00001773 to 0.00001700
Sell between: 0.00001831 to 0.00001970
Regards,
Atif Akbar (moon333)
Steem Says Bullish All Across | Over 100%+ Short-TermSteem (STEEMBTC) is one of the best-looking charts right now.
This is a very strong altcoin project and this pair is available for trading on many different major and minor exchanges.
As for the chart?
We are looking at strong/bullish RSI.
The trading volume is starting to increase and surely moving in favor of the bulls.
EMA10 and EMA50 were conquered yesterday, so we can see STEEMBTC now trading above these levels.
The next target short-term is EMA100 or 0.00002230 with more to come after that.
It can take days, weeks or months for this or any other chart/trade to fully develop... PATIENCE IS KEY!
Enjoy the content?
Feel free to hit like if you want to show your support.
Namaste.
Steem (Oct 19) 80% PProfit in 14 Days#STEEM $STEEM #BINANCE #BITTREX #HUOBI
Buy : Close to 1700 as possible
Sell : 1800-2000-2200
Mid-Hold : 2600-3000
Stop : Under 1580
====================================
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DBL bottom STEEMUSD confirmed with BB KC FIBO + VOLUMEParabolic SHORT opportunity presenting itself on $STEEMUSD as evidenced by the DBL bottom/volume/KC/BB/volume surge & otherwise. Targets 1 & 2 below
Perhaps due to the recent rumors/news about Libra getting cold feet? For if LIBRA were to fall apart; that would leave STEEMIT the leading social media decentralized platform on the blockchain, as it has the most user-base & a solid roadmap after their scorched earth clean house -- whaever they did worked as they are rapidly progressing and satisfying their roadmap in stark contrast to the previous devs who literally kept the platform in BETA for half a decade.
So if I had to guess as to what's causing the bullish signal on $STEEMUSD it'd probably be the recent news about LIBRA/VISA backing down, though the technical indicators seem to support a bullish outlook regardless; whatever the reason may be, it's a good time for entry.
When in doubt, zoom out & in doing so it paints a pretty ugly picture for the outlook of $BTCUSD as we are most definitely due for a huge parabolic surge but it's going to get worse before it gets better...
You know the cliche, "things get the darkest before dawn" and in the case of BTCUSD priceaction it does appear that way.
IMHO we're in for another 2-3 selloffs before a retrace/consolidation & reversal.
IN THE MEANTIME: I can definitely see altseason on the horizon with plenty of undersold & undervalued alts leveling out before BTC crosses 10.2k R again.
HENCE, my recommendation would be to stick to short positions until we get out of this bear trap. There's plenty of money to be made -- both in USD & esp. in pairing against BTC (which I would not advise *unless you really know what you're doing* for i do not recommend novices attempt to play around with pairings unless they don't care if they lose their investments) as it took me a lot of trial/error and thousands of $$ lost over 2015-2016 before I could effectively establish a rhythm for pairing other tokens/coins against BTC & turn a profit even in bear markets (which I really honed my skills at during Cryptowinter) though I digress.
TP:1 0.1508
TP2: 0.1588
Stop: 0.1360
Disclaimer:
Not financial advise; please trade responsibly. Always set stop-losses! DON"T FOMO/FUD
-@a1mtarabichi
$STEEM, Reached support level at ~1600sats..$STEEM
Reached support level at ~1600sats, interaction in the past with this level lead to a bounce back to ~1900sats.
Current volume is non-existent (less than 3BTC on binance over the last 24hs).
So please avoid taking a trade here unless we see real bounce signals.
#STEEM
50% retracement FULL STEEMUSD (LONG) AHEAD!Elliot Wave indicates that STEEMUSD is on course for a mid-long term entry @ $0.3951 which (if you made said entry now) would be nearly 100% ROI in IMHO ballpark estimate would be a 7-10 day timeframe.
i.ytimg.com
Incase any of you folks forgot what an Elliot Wave is.
STEEMUSD (i'd be here all night and I need to get some sleep; Idk where to start, but I'll just sum up my entire feelings about this platform in one sentence:)
This token is dying...esp with the announcement of $LIBRA (which ironically; I wrote a lengthy blog post on STEEM about how whales were bullying content creators and manipulating curation incentive payouts thus ruining the platform and it would be just a matter of time before a Zuckerberg comes along and makes a better version of a social media platform on the blockchain and ousts you guys!)
Just like many other projections (the release of Bakkt, the centralization & CLA win for XRP) I am a goddamn wizard whose only gift is seeing shit people don't believe until after I get the bittersweet pleasure of saying I told you so.
I'm not gonna bother digging around for that post; I'll post it in the comments tomorrow, its several months old and I'm starting to feel delirious, I haven't slept since Sunday. Lol.
So this means:
Altseason is coming , and with an entry at $0.20 you could effectively double your ROI/investment with TP short/pivot line at S2 set for $0.3915 USD with my EST. timeframe of 7-10 (maybe longer) days.
Please read the disclaimer from my LTC publication -- I reposted on Twitter/Linkdeln and edited so its not written like a dumbass (siri's grammar errors! my bad :) ) but yeah if you're leery about investing in crypto already and especially lower market cap coins; take it from someone whose been around for a while, while STEEM (IMO atleast) will NOT be around in 10 years, it does not mean it will get a quick and painless, it shall die slowly and not quick with a huge big bang like Bitconnect.
Let's not forget that Steem was/is the first social media platform on the blockchain; released in 2014...it still has a small but very loyal userbase primarily in Europe/Asia.
It has many many many flaws, one in particular -- the fact that its still in Beta (after almost 6 years) is inexcusable. I'm also convinced the mods are in cahoots with the whales to manipulate curation payouts but again no need to get conspiratorial it's almost 3AM and i'm going to bed.
Read my disclaimer from my last post on my twitter/linkdeln.
TP 1-2 for the more impatient EMA8 swing-traders are also present; though i would HODL out for $0.3915 TP (or atleast 37.5 cents; but IMO stick with my target if you're uncertain as it goes if you're going to take a bold risk on a sinking ship with a treasure trove of gold...you might go down with it but that's only if you get greedy. Set your stop loss at the red horizontal -- and WAIT patiently, in about a week, two tops, you'll double whatever entry you just made.
You're welcome.
peace & love
@a1mTarabichi
Lets looks at STEEM closerThe interesting point is that the uptrend trendline is holding, providing some support for STEEM/BTC. As long as price remains above the trendline STEEM is likely to continue range trading within the orage area.
Break above the range could be that long wated uptrend confirmation.... at least for short term.
In the mean time, risk of break below the uptrend trendline remains. Still a waiting time for steem
STEEM / BTC Range Trading BeginsSTEEM/BTC has just reached previous low, where it rejected the fibonacci support. From now it could be that price will start to consolidate for the time being, but only if support will hold.
The scenario where the support is broken can be seen on the chart, but while holds expect range trading or even reversal.
Based on my BTC precition (chart can be seen below), BTC/USD should also correct at this stage, leaving some room for growth to alts.