STEEM possible movementIt had almost 100% retracement.
Both weekly Stoch RSI and MACD look good
3d Stoch RSI and MACD are fighting for upward movement; it also tried to break the Ichimoku cloud
1d Have a little Stoch RSI and MACD downoard trend. Broke Ichimoku cloud and currently trading above it. It may retest the cloud
6h Stoch RSI seems to want to reverse. It may need to gain support in Ichimoku cloud or little bit under it
1h has momentum but needs to break the cloud. Fortunately, it is a small cloud
Had a retracement to 0.786 fib level but also may still go as low as 0.883, it would also test the cloud
This move may go for 1.618 fib
This also may be part of a larger move.
Steem (Cryptocurrency)
STEEMDANIEL BRUNO
NOT A COINCIDENCE THAT THE CROSS OF THE 45D ANGLES IS TARGET, RESISTNCE AND FUTURE SUPPORT
30D SUPPORT WITHIN 2/1 FAN IS BULLISH
50% RETRACEMENT FROM 8 IS 4
1/2 AND 1/1 RESISTANCE
34 BAR MOVE TO TOP AND 21/22 TO 45D CROSSROADS, NOT A COINCIDENCE
13 MORE BARS WILL BE FEB 8 CROSSROADS OF 30D AND 45D RESISTANCE ANGLE
BASE 3
0 DEGREES 4,13,30,55
90D 6,17,36,63
180D 8,2,42,71
270D 10,25,,48,79
NOTE THAT 4,6 AND 8 ARE RESISTANCE AND 10 WILL BE, TOO
DANIEL BRUNO, CMT
FOR HIRE
STEEM BTC - Long Term trade - BUY with target 616%Steemit is a strong project, tipped as the next gen social media / blogging platform.
By comparision to other projects, the platform is already up and running. And paying!!!
Fibo analysis points Steem "on the floor", in zone 1.
Buy now = 0.00040
Target = 0.0029 (616%)
Allow time for this trade to develop.
STEEM/BTC - Short-Mid RangesBased off my TA ive made short-long term target zones (ranges) that could be met. Im just starting to working on my short term TA analysis so please take this post as potential targets and do your own research before making trades on this coin.
Fingers crossed! & Good Luck!
(1-day candles, time frames may not be accurate)
Steem is going to growSteem is a very good project and I'm absolutely sure that it's a good idea to buy and hold this coin for a long time. Look at www.similarweb.com - this website grows rapidly since november. It will influence on a price of steem very well in a long run.
Short TP1 - 44000 sat. Short TP2 - 48000 sat. Very conservative long TP - 60000 sat.
Steem VS Bitcoin Could Blast AnytimeAfter finding the bottom at 8825 satoshi, Steem immediately started to rise breaking above the 200 Moving Average. After the correction and rejection of the 200 MA, STEEM/BTC continued going higher breaking above the descending channel and reaching 57k satoshi high on the 3rd of January.
The corrective wave down followed, where Steem went down exactly to the price where the descending channel was broken and there 23.6% Fibonacci retracement level was rejected. This price action could suggest the continuation of the uptrend sending Steem up to the very strong resistance at 90k satoshi, where it could form a double top together with the high established back in June 2017. Only break and close below the 200 MA could invalidate bullish outlook.
STEEM for those STEAMY profits!
Undervalued project at only 1Billion, even if it does 5x from here it still puts it at only 1% of facebooks mkt cap, although my target is much higher than 5x. Technically looks great as well as it has broken its logarithmic downtrend, and looks to have completed its 5 wave up and ABC correction back down. We should now be starting the next wave up, and I expect this one to test or rebreak the 100k sats level before another minor pullback. Dans projects also seem to be getting more attention as of late as seen with EOS.
Good luck with your trades!
STEEM breaking out? Target $10. Double up opportunity.STEEM looks to be breaking out of a downward descending triangle on wave (D) instead of (E) bounce. Confirmation is still needed on the daily and so admittedly this post is early but we are in a buy range regardless.
A cloned fractal (purple line) is used to measure the target range.
RSI has bounce at the 50.
If you play this trade, ladder your buy-ins as mostly within the buy zone outlined. Place one or two above and one or two beneath, just in case. As always, never go all in. Never invest in only one marktet, crypto, or type. And always have 10-15% cash on hand.
Target is $10 area.
Good luck traders!
STEEM . 300% gains in 2018This is a forecast based on Fibonaccis.
From previous lows to recent highs,
Price has dipped as low as the .618
Is currently in a bullish hammer at the .5.
Onward and Upward to the 1 and 1.6 targets.
Put in Fiat terms. What is $4 today will be $12 by Christmas, if not by end of summer.
That means if one invests in nothing else for the next month or so, one has the potential to triple their return.
Will this happen? I don't know. Can this happen. The chart suggests so.
STEEM
short term steem/Usdbuy : 6$ - 7$
First Target : 9$
Second Target : 10$
Third Target : 13.40$
Do not panic . steem does not need stop loss .
A STEEM Idea For Wave 5 - Fib BasedHere's a quick trend based fib assessment for our current STEEM wave count on 1-10-2018. STEEM could continue the climb into wave 5 if BTC remains bullish.
Wave 4 could retrace more and allow for more vertical movement into wave 5. If wave 4 stops here, we could see a shortened wave 5 somewhere in the .618 fib range (.0007 BTC) as shown on the chart.
STEEMBTC - great project, huge potentialI think 50% and 100% targets for STEEM are very realistic.
Right now the price is consolidating and it is a good buy-in .
Increasing sentiment for STEEM puts it into top ten coins based on the public interest according to coingecko.
www.coingecko.com
It is a long term hold.
Good luck!
Attention: STEEM to break out tonight! 200%+ profit Target 11.75STEEM looks to be ready to show up tonight! My target is $11.75 at which point I will unload at least 25% of my stock. Notes are in the chart.