Steem (Cryptocurrency)
LONG - STEEM- Trading Opportunity1d consolidation looking strong, we think that this could be the last retest before retesting the upper range.
Entry: 0.00001780
TP 1: 0.00001960
TP 2: 0.00002075
TP 3: 0.00001780
SL: 0.00001676
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Steem - Jack's AccumulationAs you may have seen, Jack Dorsey - CEO of Twitter and Square - recently put out a thread on twitter talking about his plans for a decentralized social media standard.
You can view that thread here: twitter.com
Jack Dorsey is a well known supporter of cryptocurrency and block chain development. In his popular cash app, you are given the option to purchase Bitcoin. Now he's talking about supporting a block chain standard for social media.
In his thread, Jack mentions his associate team of developers that go by "Blue Sky." He makes a very interesting point, without giving too much detail of his plans. He says that the Blue Sky team will use an already existing block chain project or start from scratch.
You'll notice he removes all responsibility and liability from himself by having the work done by a separate entity. This is a smart move legally, and gives a look of social responsibility. But let's be real, Jack is a capitalist. He's an active CEO of two publicly traded companies, Twitter and Square. He's going to have a share of whatever ecosystem is used.
On top of that, why would Twitter dump money into a project to do work that has already been done? Developers are actively working on block chain out of passion. It would be in their best interest to coop an already existing project. Doing this saves Twitter and Jack money in the long run.
Another point - there is going to be some serious money made here. While Jack paints a rosey picture of a decentralized web, the end game for this project is to make a small amount of people ungodly amounts of money. Having an existing project in their sites gives insiders a chance to accumulate the tokens of an already existing and actively traded financial instrument.
Though I am pretty confident in the abilities of the Steem network and its viability for Blue Sky, I could be wrong, and there is definitely financial risk in taking a bet like this. IT IS SPECULATIVE.
Let's get into the meat and potatoes...
Steem took a dive the last 2 years. A high of $9, all the way down to $0.13...
It's gone down quite a bit, and there is room for more. I show a potential downside of 56% from here. BUT, I do think a bottom is close to forming. It'll either be at $0.09 or $0.05. That's quite a spread, but if the Steem network is used for corporate development, it doesn't make a difference in the grand scheme of things. There is inherent risk in this trade, and it is wise to find a prudent and safe as possible entry. I would say the safest entry would be at it's all time low of $0.05. But just know if you wait around for it, it could never come.
I personally will start entering the market at $0.09, knowing there could be more downside to come. I do think at $0.09, we could start seeing a more legitimate bottom forming, pairing with a break of long-term overhead resistance.
The alternative is a breakdown below $0.09 and a rush down to $0.05. This would flush a lot of weak hands out, giving the big players a longer time to accumulate, so I don't think it's out of the question.
I don't like to make definitive price targets, but if I had to, I expect about $0.25 by 2021.
Here are the tickers for Jack Dorsey's companies, Twitter and Square:
NYSE:SQ
NYSE:TWTR
Thanks for reading.
$STEEM, Crossed above ~1850 sats resistance level$STEEM
Crossed above ~1850 sats resistance level
Not quite comfortable about it since volume appears on spikes and without continuation
For now set alerts at just crossed level and wait for a potential flip to minimize risks on a position with target at ~2k + sats
#STEEM
STEEMBTC cyclical pumps & dumpsSTEEM is pumping up whenever the 9EMA crosses abovethe 100EMA and crashing down whenever the 9EMA crosses below the 21EMA.
Green arrows point to pump and red points to dump.
RSI has had higher lows and larger green volume candles signal accumulation.
Trade carefully.
Note: This is not financial advise. Please do your own research.
STEEM BTC - Market cycle analysisShowing signs that the bearish market cycle may be coming to an end by looking at moving averages, volume profiles, fibonacci speed fan and time axis fibo. The high volume in the local (horizontal) trading range could indicate an incoming trend reversal, however this would need to be confirmed by bullish price action. If the price can sustain a trend above the moving averages then I expect we may see a shift to a bullish cycle.
Not an expert, not financial advise.
Biffy
Steem Starting To Roll | Easy 55%+ On The Next ImpulseI've been tracking Steem (STEEMBTC) for a while and waiting for it to shoot up... The charts are telling me that the next strong bullish move is getting closer.
STEEMBTC is now trading above EMA50 while gaining momentum on increasing volume.
We have a strong/bullish RSI and the MACD is flat and ready to jump.
Will Steem move higher?
The charts are telling us that the most likely scenario is additional growth.
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Namaste.
LONG - STEEM - Trading OpportunityBINANCE: STEEMBTC daily range looks like it will be racing to the top of it.
Entry: 0.00001683
SL: 0.00001593
Target 1: 0.00001857
Target 2: 0.00001979
Target 3: 0.00002109
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
$STEEM, Waking up after crossing ~1500 sats level$STEEM
Waking up after crossing ~1500 sats level on a potential cup & handle pattern...
Crossing above EMA50/200
UCTS Indicator starting to show buy signals on lower TFs
~1900 sats as target from here
#STEEM
Over the last few weeks I have been managing my Stop losses, Take profits and trading in general through the "Smart Trade" platform that 3commas offers... It has been a really nice experience
Thanks
STEEMBTC formed bullish Cypher | Upto 15% potential tradePriceline of Steem / Bitcoin cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00001773 to 0.00001700
Sell between: 0.00001831 to 0.00001970
Regards,
Atif Akbar (moon333)
Steem Says Bullish All Across | Over 100%+ Short-TermSteem (STEEMBTC) is one of the best-looking charts right now.
This is a very strong altcoin project and this pair is available for trading on many different major and minor exchanges.
As for the chart?
We are looking at strong/bullish RSI.
The trading volume is starting to increase and surely moving in favor of the bulls.
EMA10 and EMA50 were conquered yesterday, so we can see STEEMBTC now trading above these levels.
The next target short-term is EMA100 or 0.00002230 with more to come after that.
It can take days, weeks or months for this or any other chart/trade to fully develop... PATIENCE IS KEY!
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Namaste.
Steem (Oct 19) 80% PProfit in 14 Days#STEEM $STEEM #BINANCE #BITTREX #HUOBI
Buy : Close to 1700 as possible
Sell : 1800-2000-2200
Mid-Hold : 2600-3000
Stop : Under 1580
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Steem Great Buying Opportunity - Don't Miss This One - HUGE ROI
Steem Great Buying Opportunity - Don't Miss This One
Steem Crypto Forecast - Technical Analysis
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position which will give a huge ROI
In a lower time-frame (4hrs) this long position has also been conformed.
Target profits are mentioned in the chart.
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point 0.15 you can still make profit till TP1 is reached, however there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like , If you like my analysis :)