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STEEMBTC

STEEM Double Bullish DivergenceThe trading idea is based on a double bullish divergence and it gives us a trend reversal signal. The price passed through the cloud and we got a confirmation of a new uptrend. DMI confirms trend market conditions and allows trading. We can place pending orders for buy a little bit higher than 0.000150 resistance level. Stop orders must be placed at 0.000126 level. Profit targets are 0.000200 and 0.000240 level. The part of trade volume can be left for long run with higher profit targets.
Long
by DLavrov
7
STEEM Trading OpportunityThe market is at possible bottom. The support zone is formed by 0.000160 and 0.000150 support levels. The current levels are good for buying in long term. We can place pending orders above SMA100 at 0.000180 level with stop orders at 0.000140 level. Profit targets are 0.000220 and 0.000300 resistance levels. MACD is going to support upward movement and DMI allows opening long trades. It's trading opportunity and we can try to catch possible upward movement.
Long
by DLavrov
9
STEEM/BTC ( Finally lost the Limbo game)The Market Cycle is over , and we are back to the original price. This is a trade where my entrance is not really based on upward movement. I do not think STEEM Will go any Lower, and if it stays flat lining then I am not loosing any bitcoin and if it has a crazy Run up I was in it before the hype cycle. I am looking at this like an inactive market, Once it wakes up even if there are ridiculous swings once I am In in the profit ( anything above 30%) Ill have some really loose stop losses. This is one of those trades that I have setup with some Price action alerts and wont check every day. I Will Probably check it twice a week and see if its ready. if it looks like its going to pop I will increase my position accordingly.
by albangasser
5
STEEMBTCFor long term investors: I believe STEEM could be a great digital currency to invest in long term. Their great idea of social network is rising very fast. There are a lot of good reasons to have Steem Power. By keeping your currency as Steem Power Units, you will be able to make considerably more money in the long run because you essentially have ownership in the network. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
by tradewonk
17
STEEM TO DOUBLE IN PRICE! - Major movements.Steem's value is currently under 60% of the Fibonacci, therefore the market has reclaimed more than enough of it's value to continue a large uptrend. On the graph with have small and major resistance + support levels, follow them line accordingly and make trades based on which one is broken. Steem has seen much higher prices in the past and we should see them again in the, not too distant future. First target - 0.00035K. Second target - 0.00064K.
Long
by thomasfar6
2
Steem Buy OpportunityIt looks like the market reached the bottom. We see that 0.0002240 support level could stop falling market. When the price broke the downtrend line, it was a signal that probably the market would reverse. A bullish divergence confirms trend reversal. MACD supports upward movement. We have buy opportunity. Pending orders should be placed above SMA50. It's 0.000300 level. Stop orders must be below the support level. Profit targets are 0.000400 and 0.000600 levels. If the market drops below the support level, we'll have to wait for new trading signals.
Long
by DLavrov
9
STEEM/BTC - Looking great to start the next impulse up.We should now start to see money coming back into altcoins again and I think STEEM is ready to make the next impulse up. The idea behind STEEMIT is great and I can see the platform becoming more and more popular once it moves out of beta. I personally think that it will become a legitimate threat to Facebook and Twitter and will spearhead the next generation in Social media. So fundamentally and technically this chart is ready to go. Good luck traders Bitking.
Long
by Bitkingfx