LONG - STEEM - Trading OpportunityBINANCE:STEEMBTC has been slow bleeding for quite a while after some really crazy pumps, now fallen to the MA200, but still managing to retake it and consolidate above it. We think the consolidation in this support is quite important and a tell tale sign of an imminent last hurrah pump.
Entry: 0.00002157
Target 1: 0.00002387
Target 2: 0.00002536
SL: 0.00002059
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STEEMBTC
Market View STEEMBTC e WTCBTCA STEEM está em longo período de consolidação e acumulação que foi recentemente alvo de um pump & dump a seguir o que mostra no gráfico, está agora a tentar iniciar um movimento ascendente mais orgânico e que parece mais sustentável no médio prazo, pelo menos a olhar para os 900+ BTC de volume em 24H.
Está em rompimento do canal de regressão o que pode apresentar um bom suporte para um movimento mais bullish.
Por outro lado analiso a WTC um ativo em fase precoce de um possível movimento bullish, com muito pouco volume 40-50BTC, que está com divergência bullish no diário e semanal e está próxima a romper uma falling wedge se continuar a aumentar de volume.
Durante a gravação deste vídeo teve um aumento de volume de 10BTC.
É um ativo bom para o investidor mais resiliente e com paciência.
Somente a minha opinião sobre os ativos aqui mencionados, (DYOR)
Se gostam do meu trabalho, ajudem a compartilhar, deixem aquele like e comentem, desde já o meu muito obrigado.
STEEM Can Also Print An Impulse Move (250%+ Big Jump!)Let's keep it simple for Steem (STEEMBTC) shall we?
Here we have an ascending trendline on the bottom where I marked mutiple higher lows... It is also clear that we are having higher highs so STEMMBTC is on an uptrend now.
After the low trendline was hit, a strong high volume bounce took place and prices are now trading above resistance.
Just like I mentioned in my previous post about ERDBTC, STEEMBTC is very likely to produce an "impulse move".
Remember to hit LIKE for more...
Previous analisys | Apr 3
💥 Steem Uptrend Is Secured, Bullish Comes Next by Request
Thanks a lot for your support.
Namaste.
XLM / BTC Work in the accumulation channel. Step 58%.I have been trading a coin for more than 2 years. Almost all the main movements I traded. I previously showed all these movements in my trading ideas during this time. Former tag ideas are attached below the description.
This is one of those cryptocurrencies that can be accumulated until a certain time, as there are not just big money behind it, but a potential new system of finance. Coin is a prototype.
Entrance.
At the moment, the instrument is in the accumulation channel for 9 months. This is very symbolic.
Channel pitch 58%. Price at the bottom of the channel. Good entry point.
Stop Loss.
Stop-loss or exit zone under the support of the channel if the price fixes below it.
The potential risks and profits are understandable. The profit potential is many times higher than the risk in the exit zone.
Target.
The potential of the first movement is the width of the channel. This is + 50%.
Next you need to watch how the price will respond to channel resistance. Perhaps the main trend will reverse if the price manages to consolidate above the channel.
All my trading ideas on this Bitcoin coin since 2018 are XLM / BTC.
XLM / BTC Dec 24, 2018
XLM to BTC is not the bottom. From this level there can be a movement of + 35-90%
May 30, 2019
XLM Falling wedge. Cyclicity. + 32%, + 42%, + 52%, + 62%
Jul 18, 2019
XLM / BTC. Channel 50%. Double bottom. Trend line. Pivot points
Jan 16 2020
Also, the price in lateral movement has now come very close to breaking the downtrend line of the main trend. This is clearly seen in this trading idea.
Tradings ideas of this coin to the dollar. XLM / USD
XLM / USD downward trading. Pivot points.
Nov 7, 2019
XLM (Stellar) /USD Downstream channel. Work on a coin.
Jan 5 2020
Updating an old idea for more accurate trading.
I wish you good money in trading in the market. In the pursuit of money, do not lose your life.
STEEMBTC | Middle term fibonacci retracementFibonacci retracement is a method of technical analysis for determining support and resistance levels. They are named after their use of the Fibonacci sequence
Fibonacci retracement levels use horizontal lines to indicate where possible support and resistance levels are. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8% and 78.6%
STEEM is a fundamentally strong coin which has reached Fibonacci 100% retracement level after a prior pump. During last two days we tracked this coin and found it successfully consolidated and is ready to bounce
💥 Steem Uptrend Is Secured, Bullish Comes Next by RequestSteem (STEEMBTC) secured its uptrend, meaning, we have clear signals that prices will continue to go up.
First, we have that huge green candle on the 19-March.
Prices then entered a strong correction, which is 100% normal...
And as soon as EMA100 was tested as support, we ended up with a higher low, the uptrend is now secured.
Yesterday's candle also printed high volume and this signals that the retrace/correction is done.
Now, it can take days or weeks for the next jump, but what you have to do to profit is very easy, it is simply buying and hold... Set your sell orders on target and let them fill as prices go up.
This is not financial advice.
Thanks a lot for your support.
Namaste.
STEEMBTC forming bullish Shark | Upto 32% move aheadIn my previous article as I have shown that the price of World's 78th ranked cryptocurrency Steem is forming bullish Shark pattern in US Dollar pair now same as like that move the price action of Steem with Bitcoin pair is also forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of Steem with BTC pair price action's moves:
After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 0.886 to 1.13 Fibonacci for a perfect bullish Shark and then the price action will be entered in potential reversal zone of this bullish Shark pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: 0.00001611 to 0.00001487 sats
Sell between: 0.00001725 to 0.00001976 sats
So this trade has potential to produce upto 32% bullish move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
STEEM/BTC (Bounce play: up to 55% swing up?)STEEM/BTC
STEEM just had a big false breakout reaching over 200% pump, if STEM will repeat this type of scenario,
we could expect minor bounce up over 55% move inside this ascending channel.
The stop-loss is below green trend-line support which is the key area for this short term rally.