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STEEM/BTC (Weekly Breakdown?)💎Technical Analysis Summary💎 BINANCE: STEEMBTC -STEEM still has 1 day left before the weekly candle closes -It is now trading below the weekly key level of support -Technically, this is bearish in terms of price action -If you are a long term bull, this level must not breakdown -Because new price discovery and longer consolidation will occur -Entering this market is a highly high risk -But might be good for long term investors -So please exercise proper risk management A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
14
STEEM/BTC (Testing at Key Support)STEEM/BTC -This coin is back at previous Swing Low located at 1700 sat range -This area of support was previously a resistance zone -Today, can STEEM confirm this area as still a valid Key support? -Well, there is a chance if STEEM can pass 1900 sat and up -But if the market becomes unstable in the next few days -This support might not hold and send the price lower -Technically, if you're a type of traders buying at key areas of support -The 1700 range is a good confluence in terms of support and resistance -The risk to reward ratio is also good -So aggressive Buyers might already have positions opened right now -Target is up to 2200 sat area or higher
by PolarHusk
3
DBL bottom STEEMUSD confirmed with BB KC FIBO + VOLUMEParabolic SHORT opportunity presenting itself on $STEEMUSD as evidenced by the DBL bottom/volume/KC/BB/volume surge & otherwise. Targets 1 & 2 below Perhaps due to the recent rumors/news about Libra getting cold feet? For if LIBRA were to fall apart; that would leave STEEMIT the leading social media decentralized platform on the blockchain, as it has the most user-base & a solid roadmap after their scorched earth clean house -- whaever they did worked as they are rapidly progressing and satisfying their roadmap in stark contrast to the previous devs who literally kept the platform in BETA for half a decade. So if I had to guess as to what's causing the bullish signal on $STEEMUSD it'd probably be the recent news about LIBRA/VISA backing down, though the technical indicators seem to support a bullish outlook regardless; whatever the reason may be, it's a good time for entry. When in doubt, zoom out & in doing so it paints a pretty ugly picture for the outlook of $BTCUSD as we are most definitely due for a huge parabolic surge but it's going to get worse before it gets better... You know the cliche, "things get the darkest before dawn" and in the case of BTCUSD priceaction it does appear that way. IMHO we're in for another 2-3 selloffs before a retrace/consolidation & reversal. IN THE MEANTIME: I can definitely see altseason on the horizon with plenty of undersold & undervalued alts leveling out before BTC crosses 10.2k R again. HENCE, my recommendation would be to stick to short positions until we get out of this bear trap. There's plenty of money to be made -- both in USD & esp. in pairing against BTC (which I would not advise *unless you really know what you're doing* for i do not recommend novices attempt to play around with pairings unless they don't care if they lose their investments) as it took me a lot of trial/error and thousands of $$ lost over 2015-2016 before I could effectively establish a rhythm for pairing other tokens/coins against BTC & turn a profit even in bear markets (which I really honed my skills at during Cryptowinter) though I digress. TP:1 0.1508 TP2: 0.1588 Stop: 0.1360 Disclaimer: Not financial advise; please trade responsibly. Always set stop-losses! DON"T FOMO/FUD -@a1mtarabichi
POLONIEX:STEEMUSDShort
by a1mtarabichi
STEEMETH hodling altcoins? don't miss the chance to make them make you richer! just holding crypto can make you a better off in future, but trading cross-coins can make you even better! I'm just expressing my thoughts on STEEMETH here, not a financial advise or a trade signal, everybody should take his or her own responsibility to enter or exit any trade. I write here and on other social media to get feedback, learn and correct myself. and I truly appreciate meaningful engagements with my content :) the blue downtrend line, shows a resistance, but even below that, which is possible to be touched, there are fibonacci retracement levels which are more probable to be met: 0.002 to 0.0024 most probably, then 0.00277 and 0.0031 as the 61.8% fibo retracement level. I have posted this on my publish0x account, honarparvar, but can't put the link here... please go to publish0x dot com and check my user @honarparvar there to see the original post if needed. I also write on twitter and steemit sometimes, same username. cheers
Long
by honarparvar
1
STEEMBTC - ANOTHER PATTERN Buy Price: Green Zone TP: Blue Zone Support: Orange Line Resistance: Purple Line SL: Red Zone (I don't recommend to sell in loss.) Invest Suggestion: 20 Percent Profit Expectations: 10 to 40% Another pattern founded in STEEM, it's seems very likely to happen again ( borwn circle )! All techinicalls are pretty good! See me previous analysis and how profitable the are!!! Sell when you get some profit, according the way you trade. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
Long
by CGCryptoTrader
2
Steem consolidation, LONG! It's time to fill your bags!I to strongly advise against shorting Steem at the moment. It's highly probable that a buy back will be impossible. You have a great chance to enjoy a long "UP" trendline. I see no more space for a down volatility. I will support Steem for the next few years, I love the Idea and the chance behind it: twitter.com The Idea of Steem: www.youtube.com Steem pros: 1. -Steem is the first decentralized social media, it's a innovation! Collectively, user-generated content has created billions of dollars worth of value for the shareholders of social media companies, such as Reddit, Facebook, and Twitter. Steem supports social media and online communities by returning much of its value to the people who provide contributions by rewarding them with virtual currency. steemit.com steem.io steem.io 2. -Steem Marketing just started! Mitchell Loureiro (@zurvanic), and Community Liaison, Andrew Levine (@andrarchy), are leading the new marketing team. The goal is that Steem will go mainstream! - www.youtube.com - www.youtube.com - steemit.com -https://steemit.com/steemit/@stephenkendal/steemit-and-linkedin-calling-out-to-all-users-on-linkedin-let-s-see-if-we-can-make-it-a-1-000 3. -Steemit VP of marketing Mitchell Loureiro gives us an update and talks about Bitcoin & Altcoins(many other reasons to invest in Steem): www.youtube.com 4.Announcing new web-client for Steem/Golos blockchains: steemit.com 5. - Steem already has applications with a product out steemtools.com 6. -The inflation is now about 0.095 per year, the coin value is no longer losing worth as drastically. Source: steemit.com 7.- logical aspects: many user bought Steem at 4Usd, or 3Usd, 2Usd 1usd .... everyone of them have to hold the coins and wait till the price will increace The price deflation was planned this isn't a scam this was obvious in my opinion! coinmarketcap.com Other interesting links: - www.youtube.com - steemit.com - www.youtube.com 8. -I have very good connections to a programmer, he wrote a master thesis about BTC, Dash Monero and Zcash we are talking about crypto several times a week! -We have the same opinion about Steem! Thanks for your attention! I do everything with a clean conscience and I am trying to give people well-meaning suggestions! Best wishes your Altcoinanalytics
Long
by Cryptonerd2015
7
STEEM breakout, trend reversal confirmed, 2nd wave UP on the waySteemit, decentralized and incentivized social media. Steemit is a innovation and a new social media platform built on the Steem blockchain where the community rewards individuals for their posts, comments and votes, co-founded by Ned Scott chief executive officer and Daniel Larimer, CTO of Steemit and founder of Bitshares. This was my first chart about steem: a chart from spacetrader(PRO) still one of only few crypto applications with a product out: steemtools.com best wishes your Altcoinanalytics
Long
by Cryptonerd2015
2