Steem (Cryptocurrency)
STEEM - The Buy Zone Is Here!It all lines up perfectly! I'm aiming for 0.00026000 - this is where I would buy next.
Steem on Double Bottom pattern, It can BOOM SOONi try to write shortest instated of making things complicated, chose simple words.
Steem on double bottom currently, it will b on fire once it breakout the triangle.
Target will b 0.00034 , 0.00048 and 0.00063
$Steem just broke out, might be a big run upI've been following this pair for longer time, waiting for a breakout.
We've just seen the break out, followed by a litte (bullish) pullback and hopefully it continues this move up.
This should be the start of leg 5, but there is way more space for growth.
On lower timeframe (240) MACD turned already.
Don't chase candles, try to find a correction to hop on this possible big move!
GOLOS SHOWING CLEAR HORIZONTAL SUPPORT! GO LONG FOR THE BULLRIDEGolos is STEEMs Twin Brother trading at 1/10th of what STEEP trade at per token, and only 1/20th if we consider that GOLOS only has 120million coins and 10% inflation while STEEM has 250million coins and 9.5% inflation.
The potential UPSIDE in GOLOS is formidable, and the price to buy enough Golos to power up a Whale-Account is very affordable.
Golos is traded at: bittrex.com
Some STEEM ideasPossibly breaking out of its downtrend channel. Entry point as shown. If passes Target 1 then Target 2 on reach. If not, new entry level at the bottom. GL!
Steem is what killed Half-Life 3Couldn't think of a better name, and although the chart also looks quite messy its needed. The clouds show possibilities of where the price might go
Steem ready to goSTEEMBTC break channel down and in undervalue zone. This is a good moment to enter long term target at 0.0005 and max target at 0.001
$steem preparing for breakout?Steem made a deep correction and bounced exactly on the bottom of the target box.
Its heading towards the top of the channel and already broke RSI trend.
My advice is to wait for breakout and buy when you see a consolidation after breakout on lower timeframe. Check my tutorial "how to trade breakouts" below.
I will update on lower timeframe once we have a valid trade.
Steem daily closing in on bottomI'd keep eye on Steem for a week or two. Bullish activity could be upon it.
Steem Bounce Expected Price 0.00025BTC 20 Aug 2017An upwards bounce is expected on Steem.
Whether this will be just a rally or a change in structure it's too early to say.
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator
Steem - we are in my "Alert Zone"As previously forecast, our patience has paid off.
Steem has returned to the area I highlighted in advance. There is no disputing that Steem is in a downtrend. However, we are on ALERTto see if it is reaching oversold.
Note this is a CounterTrend trade - so initially trade small. If and when we get our long signal and trigger this presents a very low risk high reward opportunity for us and then we can add to our position,
to maximise profit.
These are the trades you want to look out for which others won;t be awake to. So stay alert my friends.
If you wish I will keep you posted when I see a trade entry ...
Hope this helps.
Sean Vengan, Professional Cryptocurrency Trader and Trading Educator
STEEM touching the trend line - Reversal? There might be a chance to enter a long trade here but first let's examine the 4H chart a little bit.
We can see an unperfect possibility of the Head And Shoulders formation which is coming to an end near the trend line. This is in correlation with the Fibbonacci level . Inside the right 'shoulder' we can see an inperfect descending wedge. Bulls and Bears are in war here and there is no clear evidence about the next move of the market (sounds funny:)
We should consider a few things here :
1) We are touching a trend line - possible strong reversal. For that we need bounc of RSI from the oversold area supported by volume. I suggest validation of the changed trend by setting a pending order above 0.00042. We want to see nice strong green candles in the new direction. Otherwise it can be only a local swing and down.
2) Head And Shoulders is a bearish sign and quite reliable. Here an imperfect version.
3) STEEM community is growing very fast. The platform itself is an awesome social media on a blockchain where authors are payed by upvoting. One actualy working aplication among many un-human IT projects. Core members and active users of the product 'never' sell.
We will keep an eye on that. Stay posted.
Good luck and peace!
Possible W bottom on the DailyThere is a possible W bottom forming on the STEEM daily chart. Price is retesting the previous breakout low, and looks like it will close without tagging the lower band. This could be an early sign of a trend reversal. Should be clear within a couple more days. Good luck and happy trading!
