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.
Steemforecast
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 :)
50% retracement FULL STEEMUSD (LONG) AHEAD!Elliot Wave indicates that STEEMUSD is on course for a mid-long term entry @ $0.3951 which (if you made said entry now) would be nearly 100% ROI in IMHO ballpark estimate would be a 7-10 day timeframe.
i.ytimg.com
Incase any of you folks forgot what an Elliot Wave is.
STEEMUSD (i'd be here all night and I need to get some sleep; Idk where to start, but I'll just sum up my entire feelings about this platform in one sentence:)
This token is dying...esp with the announcement of $LIBRA (which ironically; I wrote a lengthy blog post on STEEM about how whales were bullying content creators and manipulating curation incentive payouts thus ruining the platform and it would be just a matter of time before a Zuckerberg comes along and makes a better version of a social media platform on the blockchain and ousts you guys!)
Just like many other projections (the release of Bakkt, the centralization & CLA win for XRP) I am a goddamn wizard whose only gift is seeing shit people don't believe until after I get the bittersweet pleasure of saying I told you so.
I'm not gonna bother digging around for that post; I'll post it in the comments tomorrow, its several months old and I'm starting to feel delirious, I haven't slept since Sunday. Lol.
So this means:
Altseason is coming , and with an entry at $0.20 you could effectively double your ROI/investment with TP short/pivot line at S2 set for $0.3915 USD with my EST. timeframe of 7-10 (maybe longer) days.
Please read the disclaimer from my LTC publication -- I reposted on Twitter/Linkdeln and edited so its not written like a dumbass (siri's grammar errors! my bad :) ) but yeah if you're leery about investing in crypto already and especially lower market cap coins; take it from someone whose been around for a while, while STEEM (IMO atleast) will NOT be around in 10 years, it does not mean it will get a quick and painless, it shall die slowly and not quick with a huge big bang like Bitconnect.
Let's not forget that Steem was/is the first social media platform on the blockchain; released in 2014...it still has a small but very loyal userbase primarily in Europe/Asia.
It has many many many flaws, one in particular -- the fact that its still in Beta (after almost 6 years) is inexcusable. I'm also convinced the mods are in cahoots with the whales to manipulate curation payouts but again no need to get conspiratorial it's almost 3AM and i'm going to bed.
Read my disclaimer from my last post on my twitter/linkdeln.
TP 1-2 for the more impatient EMA8 swing-traders are also present; though i would HODL out for $0.3915 TP (or atleast 37.5 cents; but IMO stick with my target if you're uncertain as it goes if you're going to take a bold risk on a sinking ship with a treasure trove of gold...you might go down with it but that's only if you get greedy. Set your stop loss at the red horizontal -- and WAIT patiently, in about a week, two tops, you'll double whatever entry you just made.
You're welcome.
peace & love
@a1mTarabichi
