[STEEMBTC](59% PP) STEEM Profits Potential (1000-9000%+)STEEM (STEEM) Overview
Powering Communities and Opportunities
Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users by rewarding them for sharing content. It’s currently the only blockchain that can power real applications via social apps like Steemit.
STEEM (STEEMBTC) Chart Analysis
Long term chart:
I've drawn a few channels and boxes showing the different waves STEEMBTC had over the years.
It is pretty easy to spot a strong wave up after a long channel down.
The smallest bullish wave on the chart above was from Mar to May 2018, which generated over 150% profits.
To me this is a very profitable wave. We also have other waves that generated up to 2500%+ profits, such as back in 2016.
The next wave I am expecting for it to be a big one, maybe 1000%+ if we are conservative... This is cryptocurrency trading after all.
RSI is oversold, which is a very strong signal on the weekly time frame.
STEEMBTC is now out of the latest descending channel, so a break up can happen anytime.
STEEMBTC Trade Instructions by Alan Masters
Buy in: 0.0000720 - 0.0000760
Targets:
(1) 0.0000850
(2) 0.0000980
(3) 0.0001172
More targets on chart.
Stop loss: Close weekly below 0.0000600.
Capital allocation: <10%.
LIFE FLOWS FREELY AGAIN
Free I am in life, like FREE you will always be.
Live easily happily ever after by showing yourself more and more.
Live being grateful of what you have, instead of being fearful of what you don't.
Just saying "Thank You, Thank You, Thank You!" in front of the mirror can start the process of helping your life flow.
Easily and freely your life will flow again.
It all starts with a single practice... The result is being grateful, the practice starts by saying thanks.
THANKS FOR YOUR CONTINUED SUPPORT.
Namaste.
STEEMBTC
Steem is waiting for confirmationIt's super easy to play this one. As soon as Steem close the daily candle above the white line (10 EMA ), it's a very strong signal that confirms the bullish momentum for Steem in the next couple of days. It might rally to retest the Yellow line (50 EMA).
Please keep in mind that this trade is just short term.
STEEM BTC Pairing and short term gainsWe are now seeing Steem at its bottom, this is the lowest Steem has been since summer (May,June & July 2016).
Short term we will see a retest of the 0.00001094 BTC level, we should break above this level as well as the 50 MA.
From here we will see a run to the 0.0001242 level which has been support for the past few months.
I see consolation coming between these two levels before a possible breakout above the volume well and a test of the 0.0001547 residence
$STEEM, We Have All Expectations…
Weekly
Looking at our trend timeframe we see price continuing to respect out downtrend, with no signs of reversal. Stochastic RSI showing momentum is in favor of bears with another potential drop ahead of us. Last time we were at this price was back in November of last year where we saw a run from 11400 up to 55000. Will watch smaller timeframe for entry, do we get a Q4 repeat?
Daily
Shifting over to our pattern timeframe we see price has found resistance at 12000, and support at 11000. Stochastic RSI showing momentum is in favor of bears, a daily close below 11000 and expect a sell off towards our next major support zone. However if we see a daily close above 12000 expect a push towards 18000.
STEEM Short Term A long term wedge looks to break sideways, expect upward trend. First touch will most likely reject the level, sell at that point and buy back lower, second attempt will look to gain that support. After which it will target the next level. If it fails again we could see it return to the established support in the current channels.
STEEM is Ready for BIG Rally. 13-40% Profit Expected in ST.DONT FORGET TO LIKE THIS ANALYSIS
Chart Duration - 4H STEEM/BITCOIN BINANCE
RISK LEVEL: 3/10 (Less means, Less risk)
Key Points
1. Bottomed out at 11820 SAT Key level from where it jumps back heavily. Excellent buying zone (check 18 sept 2018) 11820 strong resistance if broken good sign.
2. Fibonacci on 4H, touched 127.2 FIB, 127 is always a good reversal point.
3. RSI very good around 30-35 (OVERSOLD)
4. MACD good buying signal
5. MFI money flow in
6. STOCH - reversal expected.
7. Good fundamentals - twitter.com
8. SteemFest Global Gathering
9. TestNet 15.1.18 Steem Smart Media Tokens
BUYING ENTRY : 11400-12000 (Buy in Parts)
SELL TARGETS : 12730-13200-14290-15000-16700
STOP LOSS : 11000
Recommedation : Focus more on first 3 targets if short term, if long term holder wait for big targets
Time to reach Targets: 1-2 Weeks for 1st 3 Targets & 3-4 weeks for rest of the targets.
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
STEEMBTCSTEEMBTC , time to rise
U can buy it from this price and wait the two targets on the chart , or U can wait till the price break the down trend line .
If the price can't break the down trend line it can go more down and break the new support line , In this case you can wait and buy more from 1085 - 1075
good luck traders
STEEM is ready for a moon ride!Steem is looking very bullish, an upcoming AB and C wave is on the way!
With the upcoming news as well: 07 November 2018
SteemFest 3
SteemFest 3, the third global Annual Steemit gathering, will take place in Krakow, Poland from Nov 7-11.
15 January 2019
TestNet Release
Steem Smart Media Tokens (SMT) TestNet release.
Expecting very good returns: Buying 0.000120-130 with a stop loss of 0.000115
Selling targets: 0.000145-177-210-255-333+
STEEM Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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