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
STEEMBTC trade ideas
STEEM VS BITCOIN 2-Years ForecastBased on the downtrend channel and the fibonacci timezone indicator, STEEM/BTC could have approached the bottom. From this poin onwards it could range near current levels till September this year. Although pretty soon we might see an exponential growth towards the end of 2021
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:
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
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