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Steem-btc

Are you in on STEEM??On my one day chart, STEEM has been holding above a long-term support line below the .382 on my fib extension. Remaining in the green channel of my pitchfork for the better part of the last 2 months this coin looks set to see a possible 10-20 percent rise within the next month with potential to rise significantly beyond that if it breaks resistance. Zooming into the four-hour chart the MACD seems about to cross over the centerline reacting well with my pitch fan. Looking at the RSI in the same time frame it seems to be about to bounce from resistance keeping it out of overbought territory. For the last few weeks, the RSI has remained above 25, another indicator that STEEM remains in bullish territory for now.
Long
by theJadeCrow
2
Dragonfly dojia "dragonfly" doji depicts a day on which prices opened at a high, sold off, and then returned to the opening price. In my experience, dragonflies are fairly infrequent. When they do occur, however, they often resolve bullishly (provided the stock is not already overbought as shown by Bollinger bands and indicators such as stochastics). Here's an example of a dragonfly doji: When assessing a doji, always take careful notice of where the doji occurs. If the security you're examining is still in the early stages of an uptrend or downtrend, then it is unlikely that the doji will mark a top. If you notice a short-term bullish moving average crossover, such as the four-day moving average heading above the nine-day, then it is likely that the doji marks a pause, and not a peak. Similarly, if the doji occurs in the middle of a Bollinger band, then it is likely to signify a pause rather than a reversal of the trend. As significant as the doji is, one should not take action on the doji alone. Always wait for the next candlestick to take trading action. That does not necessarily mean, however, that you need to wait the entire next day. A large gap down, after a doji that climaxed a sustained uptrend, should normally provide a safe shorting opportunity. The best entry time for a short trade would be early in the day after the doji. *DISCLAIMER*: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based on speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
SLong
by TheWolfOfBinance
Steem Weekly There is possibility which will be clear at the end of the week that pair on weekly chart will create very interesting candlestick formation which is called rising three pattern. It will not be exact as the perfect one but if you consider nature of cryptoccurency(extreme movements in short period of time) I think it is justified to use it as suggestion for continuation of trend. Rising three pattern is used to confirm trend and looks like this that there is big bullish candle which is followed but 3 small bearish candles and then there is 4th candle which is also big and body should be closed above the body of the previous big bullish candle. Second important signal is Fibonacci 23.6% retracement. This is as much important as the 78.6% and it is very goo indication of trend reversal.(in our case from bearish to bullish) Let observe what level the weekly candle will close. The perfect closing level would be 2k + For TP area I would go for 161.80% combined with round number which is 5k or the one from my previous chart linked below. …..I will post 4h detailed idea also.
Long
by Krystiannwk
Steem important support level low risk to high probable profit We can clearly see here two very important levels to watch for( marked with two parallel black lines). Level around 0.00013555 which was created by double bottom in the November last year. Above it around 0.00015000 level pair was holding for a while between the end of the December and beginning of the January. Mid of February level was broken and the pair went south very quickly just to rise up in mid March with very high volume. Pair for the last 16 days is testing support around these two levels. I marked three soldiers formation with blueish rectangle which is suggesting trend reversal. I think it would be reasonable to set SL just below lower level. TP area would be around last high around level 0.00032000 or you could just wait some time till the pair will reach 200 ema which should bring some interesting price action. I would definitely close position when the pair will be close to the 200 ema.
Long
by Krystiannwk
2