STEEM Showing a professional Accumulation phaseHi Everyone;
today we have one of the Interesting coin.. STEEM
My TA showing almost 39 Risk to rewards, but looking to the accumulation phase I expect more than that, let's give it a chance.
Steemcryptocurrency
STEEM PRICE NEAR SUPPORT | FIB RETRACEMENT1) price at support
2) holding 100 ema very well
3) Fibonacci retrace ( 0.618 holding very well )
4) price holding very well with that we have RSI bullish divergence
Buy : 1800 - 1850
Stop : 7%
Target : 1900 - 2100 - 2300
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 :)
STEEM/BTC 1DSteem on the resistance line, be care.. Soon golden cross.
Good luck!
***
Green line: MA50
Red line: MA200
Grey line: EMA200
STEEM - SYMMETRICAL TRIANGLE - > SHORT AND LONGSteem is ranging in the symmetrical triangle.
We can expect downward movement in direction of wave E and then up according to relevant conditions in that time.
Short target is marked on the chart and long either in case we will stay at the edge of the lower triangle line with bounce.
Good luck !
Steem long term outlook USDSteem fell below critical support at .60$ marked by bue and bounced back above, downtrend support/resistance marked by orange.
Long term steem outlook Steem dropped below critical long term uptrend support and looking to test support marked by blue.
STEEM is Ready for BIG Rally. 13-40% Profit Expected in ST.DONT FORGET TO LIKE THIS ANALYSIS
Chart Duration - 4H STEEM/BITCOIN BINANCE
RISK LEVEL: 3/10 (Less means, Less risk)
Key Points
1. Bottomed out at 11820 SAT Key level from where it jumps back heavily. Excellent buying zone (check 18 sept 2018) 11820 strong resistance if broken good sign.
2. Fibonacci on 4H, touched 127.2 FIB, 127 is always a good reversal point.
3. RSI very good around 30-35 (OVERSOLD)
4. MACD good buying signal
5. MFI money flow in
6. STOCH - reversal expected.
7. Good fundamentals - twitter.com
8. SteemFest Global Gathering
9. TestNet 15.1.18 Steem Smart Media Tokens
BUYING ENTRY : 11400-12000 (Buy in Parts)
SELL TARGETS : 12730-13200-14290-15000-16700
STOP LOSS : 11000
Recommedation : Focus more on first 3 targets if short term, if long term holder wait for big targets
Time to reach Targets: 1-2 Weeks for 1st 3 Targets & 3-4 weeks for rest of the targets.
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
