STEEM FIND ITS RIVALThis is analysis about steem vs ethrium.
now they are at both are strong state.
the winner will make the direction.
if Steem win, the graph will go up.
but if ethrium win, the graph will go down.
if we look at the oscillator, it shown that steem already oversold on weekly timeframe.
therefore definitely growing in steemit community make the currency much more stronger.
but, right for the moment, many ico are using ethrium as their medium transfer rather than bitcoin.
let see which is the winner of this both.
I am bias to steem as im refer to that Technical analysis and blogging on steemit.
follow on steemit @doqstrader
Steem (Cryptocurrency)
steem Dollar. SBD/USDT about to rocket!SBD is looking very bullish and seems as if it has nowhere else for it to go but UP!
Nothing is 100% of course but I believe this downward pointing triangle can really be the end of this lengthy correction we have been sitting on for far too long.
Good luck everyone!
Long position for SBD BTC [Steem Dollars] ~ [48% profit]There is a possibility for having same pattern like in history of SBD. Currently it is right time to buy at Fibo level 0.382 . But put your stop loss at 0.236 Fibonacci level. If the price of SBD take a surge it will go for the last high point . You can take profit at 0.786 fibonacci level which would be pretty safe . If you want to hold then its upon your choice.
STEEM - ABC Correction buy opportunity (LONG)Looks like STEEM is going to take a dip from recently being grossly overbought.
This is a great opportunity to pick up some STEEM if you're looking for one.
NOTE: This is not financial or trading advice. Please take everything you see here with a grain of salt, and make informed decisions when getting yourself into positions.
Two chains break 1 million tx barrier, one could surprise you!Steem and Ethereum are the two first chains to break 1 million transactions barrier.
Ethereum struggled, Steem didnt care.
Fundamental
So in my crypto-portfolio you can see I have held Steem Dollars . That has given me greater returns than Steem would have.
Now I want to switch, but increase portfolio level. I feel Steem is giving me a better risk/reward situation.
So what makes me like Steem?
It has in my view (even though I havent used it) a great platform. If you check their stats you can see they currently have 334.25K users and have given out 22.7M in rewards.
That's some good numbers. I would recommend to try it out: www.steemit.com
I think the userbase will grow strongly with the record breaking numbers that are entering cryptospace.
That should equal higher price.
Steem could potentially change some of the ways we do social media.
Technical
BTC pairs arent my favorite, but what can you do.
Though, I am liking my pitchfork and planning to use for some very quick daytrades.
Besides that I am looking at the fib levels and have outlined where I think we can meet resistance.
My target for this is between the 0.786 and 1 from recent downturn. 80-100k sat :)
Steems game of triangles?On the daily chart we can suspect that history will repeat itself.
Triangles marked and the downtrend produce similar pattern except in smaller scale where the breakout in the downtrend represents the resistance (top of the next triangle). Also break out into the bearish cloud are similar compared between first two triangles marked down.
This can possible indicate a trend throughout history of what is coming up in the mid-term (assumption).
Taking that into consideration potential gain of:
1000% (Yellow arrow) is most possible followed by
273% gain (Green arrow) and
144% (Orange arrow) if we see bounce out of the cloud
Lets see what the third season of the serious will bring up.
regards
Animus the Great
Steem/USD bullish diamond pattern A bullishdiamond pattern is forming on 1 hour timeframe. The only thing fishy about the diamond is that the breakout seems somewhat delayed. If the upper part is broken, the next target is near 6.00, based on the size of the diamond.
BITTREX:STEEMUSD
STEEM - Stable & Strong Opportunity (3300%+ Profits Potential)Now, you can really hold this coin for LONG. When I say long, I always mention a few weeks but that isn’t really long, few weeks is a short amount of time. Months is also a short amount of time. Years is something long, but not that long, only half long, so let’s aim for months.
STEEM is a strong coin and you can hold it for long. But you can also make short term profits if you want. You can sell after you reach 20%, 30%, 50% and so on. Some others can wait for 80-150%, while others can aim for 300% or more. We have two all time highs, one from 2016 and one from 2017. If we focus on the 2017 one, we aim for 300% or so in profits potential. If we look back at 2016, then we have over 3000% profits potential. That doesn’t matter, we buy low and sell high. We trade for profit, and profits we will have.
STEEM is in the TOP-100 cryptocurrencies. It is #40 by market cap. I Just want to look at the charts, let’s gets started. I want to trade, and make money, me and you, all of us, NOW & ALWAYS! FOREVER AND EVER!
2018 IS ALREADY GREAT!
*** STEEM Technical Analysis and Instructions
Instructions
Buy-in: 0.000222 – 000320
Stop-loss: 0.00014949
Targets:
(1) 0.000406
(2) 0.000518
(3) 0.000609
(4) 0.000699
(5) 0.000829
(6) 0.000990
—
These are longer terms, we might close before challenging these:
(7) 0.001467
(8) 0.002221
(9) 0.003400
(+) 0.007500 (all time high after launch)
Indicators
-Weekly chart analysis: Last week was consolidation week, so we might take off this week or next one. We have MACD crossover and a bullish RSI & STOCH.
-On the weekly analysis our first target will be our first major resistance and we go from there. The TD Sequential indicator and candlestick reading analysis looks pretty strong. I don't know why I keep on writing, we are going to make money with this coin. Take a look at the weekly chart, we are just getting started.
-The monthly chart is also positive. What I see is a positive month ahead, but a month is a long time, many things can change. But the signs are bullish rather than bearish, and that's what we look for, bullish signals, so we are good. We are ready. We are light. We are LOVE.
-Volume is strong, since I posted this first in private. We are looking at 1000 Bitcoins, at the time of this posting... Still plenty of room for growth. Top coins can easily reach 10-20k BTC volume or more in a matter of days of strong trading.
New Year Message
I am ready for 2018. You are ready for 2018.
I am ready for all of life. I will acquire everything that I need.
Everything that I need to be successful, in my own way.
Everything that I want to be happy, with my own self.
Everything that comes to me, positive, I will accept.
I am open to receiving, this year is for myself.
Be grateful for all the opportunities that life has allowed on all of us.
Many people can't have these, so that's we will benefit as much as we want.
Because if they can't have it, then we are lucky, and grateful and we have to make the best of it all.
To thank the Universe and Life itself for that choice.
The choice of making me special (YOU), above all.
The choice for giving us again, the opportunity to be, whoever we want to be and much, much, more.
This is my prayer for 2018.
My prayer is that you can gain so much financial prosperity, that you can have the freedom that you need to be yourself and help all those others that haven't been able to become what they want.
Alan Masters here. This is just the beginning.
More is on its way.
I part with my usual greeting....
NAMASTE!
STEEM 97% discount vs SATs ATH, price trending upNothing technical here, it's 3% of ath (unfortunately I only checked the data today). Putting it at lowest percentage of ath of any coin in the top 100 atm.
So daily macd might be about to cross. I'm still not fussed really. I'm averaging in now. 50% now, 50% in 2 days time (if that).
Simply put this project is still moving forward. It's a good project and can be used by people in RL who don't even know about crypto or blockchain.
I made a report showing coins down the most on ath in sats (in the top 100, couldn't get the data beyond 100 for now). Repeating Steem is showing lowest historical percentage against SATS ATH of any of the 100 coins.
The team is still the same, I personally think it's worth a shot.
Ideas crew?
STEEM/USD Fractals cup and handle.A cup and handle pattern is almost done, lets see what happen.
short term target 3 USD.
If you like my idea leave a like. Stay tuned
Happy moment for steem commuityThe chart shown that a clear picture steem already increase double of the value. 226% within a month.
is that good?
this is just a beginning to steem holder, steempower holder.
NEXT year would be glitter to steem fan.
Resistance holding back growth
www.tradingview.com
Thought I'd throw my chart up in case anyone holding steem was wondering why it wasn't moving up. since early afternoon until now, 17:30.
The support has been amazing since yesterday, hence the massive run upwards.
Any comments or questions I'm happy to help. In my chart you'll a rectangle i've made where the resistance band is hovering and the parallel of of no growth upwards :( not sure when it will break but the sooner the better :)