#STEEM/USDT#STEEM
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.1490
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1532
First target 0.1640
Second target 0.1705
Third target 0.1880
Steem (Cryptocurrency)
#STEEM (SPOT) entry range(0.1490- 0.1690) T.(0.2869) SL(0.1471)BINANCE:STEEMUSDT
entry range ( 0.1490- 0.1690)
Target1 (0.2179) - Target2 (0.2599)- Target3 (0.2869)
SL .1D close below (0.1471)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
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$STEEM perform An inverse head and shoulders
1. **Left Shoulder**: The price declines to a new low, then rises.
2. **Head**: The price declines again, forming a lower low than the left shoulder, then rises.
3. **Right Shoulder**: The price declines once more, but not as low as the head, then rises.
4. **Neckline**: Draw a line connecting the peaks between the left shoulder, head, and right shoulder. This line is called the neckline.
** Trading Steps**
1. **Confirmation**:
- The pattern is confirmed when the price breaks above the neckline. Wait for a close above the neckline to confirm the breakout.
2. **Entry**:
- Enter a long position (buy) once the price closes above the neckline. Conservative traders might wait for a retest of the neckline as support.
3. **Stop Loss**:
- Place a stop loss below the lowest point of the right shoulder to minimize risk.
4. **Target Price**:
- Measure the distance from the head to the neckline. Add this distance to the breakout point to set your target price.
### Example
1. **Identification**: Suppose the price forms the left shoulder at $40, drops to $30 to form the head, rises back to $35, then drops to $32 to form the right shoulder, and the peaks between these are at $35 and $34.
2. **Neckline**: Draw a line connecting $35 and $34. This is your neckline.
3. **Confirmation**: Wait for the price to break above the neckline (say at $34.50).
4. **Entry**: Enter a long position at $34.50.
5. **Stop Loss**: Place a stop loss slightly below $32 (the right shoulder low), e.g., at $31.50.
6. **Target Price**: The distance from the head ($30) to the neckline ($34) is $4. Add this to the breakout point ($34.50) to get a target price of $38.50.
Trading the inverse head and shoulders pattern involves identifying the pattern, waiting for confirmation, entering at the right point, and managing risk with stop losses and profit targets.
STEEM NEW INCREASE FLOWI hope you all are doing well and navigating the crypto market with the best strategies that are possible for you.
This update is for STEEMUSDT.
STEEMS seems on interesting zone which allows the possibility high for a new break.
STEEM seems to be at an important key level, where it has a high chance of breaking in the coming time.
We will follow this coin with the possibility of the trend increasing and breaking.
Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis that are long-term profitable.
The reason for expecting this coin can increase
Activation of a new trend with the possibility of starting a new cycle.
Good times, everyone.
This update is not trading or financial advice.
Steem/Usdt Buying Opportunity Steem/USDT is currently showing signs of a breakout from a triangle pattern on the 4-hour timeframe. In the event of a successful breakout, a strong bullish move can be anticipated. I am personally expecting a 30-60% bullish move in the short term. However, please note that this is not financial advice. It is advisable to conduct your own research (DYOR) before making any investment decisions.
The STEEM coin may break through the global countertrend soon!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
A descending structure has been formed on the local 6H chart, which may be broken very soon, as I expect to see a rebound in ETH.
Deal plan:
Entry - 0.2498/0.2450$
Stop - $0.2290
Take - $0.29
Guys, be careful, the coin is too volatile. Follow risk management!
$STEEM Positive Price MovementSTEEM:
- 24h price change: +5.25%
- 7D price change: +5.62%
- Today volume: $2,986,652.34
- Short-term support level: 0.228
- Short-term resistance level: 0.239
- Insights: In the past 1 minute, STEEM price signals Bullish +0.29%, with an upward breakout trend.
Steem indicates positive price movements and have potential for further growth. However, please note that crypto markets are highly volatile and unpredictable, so it's always recommended to do thorough research and analysis before making any investment decisions.
STEEM - programed Numbers don't lie, STEEM probability is high and programmed to first dump and then pump around 18 March
As it looks the whole market will experience a big dump probably to retest low levels then pump hard similar to covid dump candle and then a strong rebound. Assume next week when the US stock market opens on the news of the bank crisis and then the dump starts the whole week until Friday when the stock market closes then crypto will pump hard after the 18th of march.
#STEEM
Buy target zone: 0.116 - 0.119
Stop: 0.098
Target: 0.69 - 0.73
Profit: 500% 🤑
Numbers don't lie.
✴️ Steem | vs Tether (Name Your Altcoin #28 ✅)I did STEEMBTC for you but somebody requested the Tether pair, STEEMUSDT... And here you have it, the chart looks great.
We already have 6 weeks of bullish consolidation.
Consolidation as prices slowly climb higher.
We also have a double recovery here.
STEEMUSDT moved to hit new lows between Nov-2022 and Jan-2023.
In late Dec-2022 a new All-Time Low was hit.
By mid-January 2023, STEEMUSDT is now back above the May 2022 and June 2021 strong support.
4 Weeks green above these important long-term support levels and also above EMA10 and EMA21 which work on the short-term.
The doors are open for long-term growth, the initial wave can go for 1-2 months before any major correction happens...
It will be exciting.
There will be greed and euphoria, people rushing to buy anything and everything they can.
It will reverse and come down crashing but this time we are safe thanks to higher lows and the projected long-term growth.
Namaste.
✳️ Steem | Best Boom Since 2017 (Name Your Altcoin #20 ✅)Steem has been consolidating since March 2021, one of the longest consolidation phase in the whole cryptocurrency market.
Steem is also one of the "strong ones", last years bear-market hit bottom in May 2022 rather than June, July, November or December, much more early than the rest of the altcoins.
This pair, STEEMBTC, is set to produce its strongest bullish wave since March/June 2017, when it grew by 1600%+ on a "dead-cat bounce".
This time it will be different though and instead of a dead-cat bounce we are set to experience a strong bull-market for this pair, the first ever.
The potential is huge as Steem has been printing higher lows for the past two years and is already trading above EMA10 with a strong RSI, the first target can produce 60%+ easy.
The second target is set at 250% and long-term a huge 1,235%+ potential is possible.
Keep an eye on this one so we can check back and see how everything turned out.
Wishing you good luck and great profits.
Thank you for reading.
Namaste.
STEEMUSD - Uptrend An uptrend can be observed to be forming on STEEMUSD
I expect the current bear momentum to stop once it reaches this green trend
STEEM Weekly Analysis (225% Potential Profits Mid-Term)Let's continue the second round by analyzing at the famous STEEM (STEEMBTC) altcoin, we are looking at the weekly chart.
First, let's start with the relative strength index, we can see it at over 56.
We consider this index to be strong at 30 or higher when using the weekly timeframe.
We have a symmetrical triangle which is a neutral pattern but also have a break above EMA50 and conquerd down-trendline.
This signals higher prices.
I am mapping a nice 58% short-term followed by 225% total with additional potential for those patient enough to wait for the upcoming bullish wave to unfold.
It is all very simple when it comes to the Altcoins.
To increase your holdings of Bitcoin, buy ALTSBTC (Altcoins vs Bitcoin) pairs and hold.
Very simple.
Thanks a lot for your continued support.
Namaste.
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
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
How To Make Your Investment in STEEM Work?STEEM is an attractive cryptocurrency for long-term investment. And there are three reasons for this.
1. Bullish divergence.
Thus, the first potential source of profit is an increase in the price of STEEM.
2. Stacking.
STEEM is a cryptocurrency with its own blockchain, linked to the social media platform Steemit.
> Steemit is a blockchain-based blogging and social media website. Users can gain a cryptocurrency, STEEM, for publishing and curating content.
By creating a Steemit account, you immediately get a secure wallet on this platform. You need to transfer your money to this wallet and make a Power Up. After that, your STEEM becomes STEEM POWER.
WARNING! STEEM POWER can be transferred back to STEEM at your discretion at any time. This will happen in 1 month in four tranches.
As you have transferred STEEM into STEEM POWER, the rule applies to you:
> STEEM POWER increases at an APR of approximately 3.10%, subject to blockchain variance.
So, this is the second source of profit.
3. Profit from content curation.
Don't panic! You don't need to do anything :)
At Steemit, you can make a profit from content curation. To do this, you need to connect your account to the Curation Trail. Such a trailer can be found, for example, in the WORLD OF XPILAR community on Steemit. This is the biggest trailer, but there are others.
A specific example. My investment is 16983.06 STEEM. During the last 7 days, for content curation, they brought in a profit of 46.38 STEEM, or 0.273% per week. A simple calculation shows that for automatic content curation you will receive about 15% of the profit per year.
An added bonus is that when you receive STEEM for content curation, you receive the same amount of TRON at the same time.
Conclusion
Yes, it's a little trickier than just buying and waiting for a price increase to sell. But the one who has the knowledge makes a profit. All of the above can be done in one hour. The next few years your money will make you money :)