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STEEMUSD

Steem forecasted to reach $12 / $14 by June. Daily MACD Crossed.Steem seems to have formed a symmetrical triangle on the daily chart similar to what is seen on LTC and OMG (please see link below). The conditions of the symmetrical triangle is very common to what was published for LTC 7 OMG. If there is an outbreak to the upside, prices can potentially reach $12 to $14. This should be achieved between June to July as long as BTC keeps moving in the upward direction. MACD on the daily is has crossed over which is a good sign of things to come. The following conditions have been met for the symmetrical triangle. 1. The general trend of Steem is to the upside. We have consolidated in the triangle after a bullish move. 2. The triangle has been formed with 3 points on each side. 3. We can see the volume reducing 4. The triangle has a duration of 3 months starting from January 5. The breakout will be occurring at least 3/4 of the way through the pattern Still waiting for the following. 6.We are still waiting on the breakout direction. We need this to be to the upside for the prediction of $12 to $14 to be achieved. 7. We are still waiting on the breakout confirmation. These are just my opinion. DYOR before using anyone's opinion for trading.
POLONIEX:STEEMUSDLong
by GBBBKSA
Steem , A buy opportunity in STEEMUSD is near. Be ready!!Technical analysis: .STEEM/DOLLAR is in a range bound and beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 46. Trading suggestion: There is possibility of temporary retracement to suggested support zone (3.6475 to 2.6432) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (3.6475) Ending of entry zone (2.6432) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: (We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!) Take Profits: TP1= @ 4.7985 TP2= @ 6.7261 TP3= @ 9.2557 TP4= Free
SLong
by ForecastCity
2
Steem Finally Up?Steem has been corrected down since it reached $8.57 high. Price went down as low as $2.2 where it found the support, confirmed the 227.2% Fibonacci retracement level applied to the corrective wave up after the uptrend trendline breakout. After rejecting the support price went up and broke above the downtrend trendline, went back and rejected it. At the moment it looks like the price is likely to continue rising although it remains unclear whether it is a long or a short time trend. The first resistance is sen at $7.7, confirmed by two Fibonacci retracement levels, 88.6$ and 261.8% applied to the corrective wave after breaking the downtrend trendline.
POLONIEX:STEEMUSDLong
by CryptoPAMM
PICKING UP STEEM! $17+ TARGET SOON! $35 THIS YEAR! A quick look at STEEM shows me we are in a longer extended triangle correction with A-B-C-D-E Elliot touch points. Now, sometimes the (D) touchpoint also becomes the breakout. I am unsure of the percentage here and am hoping a comment warrior can help me out but for sake of the illustration, I'd say that maybe 60-70% of the time we will travel down to point (E), hit our touchpoint and then break up. That leaves us with 30% of the time that we don't. Point being, we are close to a breakout of our triangle here. Now, because of the extended nature of this particular correction (RED TRIANGLE), I have cloned our purple fractal and multiplied it by two (2), an estimated length of the triangle. I have built the fractals on top of each other from an assumed touch point of (E) to reach our first shorter term target of $17, a 400%+ profit margin from our current price. Longer term I see STEEM taking off like a rocket. I do believe that it is well within reason that STEEM reaches $35 by year end (and I think this $35 target would only be the end of wave #3 - meaning we could go higher). This would constitute a nearly %800+ profit. If you want to place your bets on an alt coin that will be around for a while AS WELL AS one that will net huge gains, I do believe STEEM is the coin to be in. Veering away from technical analysis here, DTUBE (a decentralized video platform built on the STEEM technology) has recently picked up many major YouTuber's and this transition is about to avalanche with the Google Ad issues that we have been seeing in news stories recently. This will only serve to propel STEEM into newer territory and token highs. Brace yourselves, STEEM IS PICKING UP. The STEEM propelled rocket will be launching soon. Happy trading friends.
SLong
by stewdamus
STEEM IS MAKING MOVES - DOUBLE UP ON PRICE BY MARCH 7-15 2018 Color Chart Short Term Channel: Cyan (solid line) Long Term Channel: Blue (dashed line) Fib Trend Line: Magenta (dashed line) EMA55: Yellow (solid line) Short Term Resistance Line: Green (dotted line) Long Term Resistance Line: Gold (dotted line) Lowest Point of Correction: 78.6% FIBONACCI RETRACEMENT = $2.63 Targets Sell Target #1: $6.72 Sell Target #2: $10.00 Indicators RSI: Uptrend @ 50.03 EMA55: $4.23 ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** About STEEM Steem is a blockchain database that supports community building and social interaction with cryptocurrency rewards. Steem combines concepts from social media with lessons learned from building cryptocurrencies and their communities. An important key to inspiring participation in any community, currency or free market economy is a fair accounting system that consistently reflects each person's contribution. Steem is the first cryptocurrency that attempts to accurately and transparently reward an unbounded number of individuals who make subjective contributions to its community. Steem Whitepaper: steem.io
S
by ZpaceBuddha
Would I buy STEEM now? I may not. Why?Hello Friends, Here is the analysis of Steem, get to know the best analysis from Maheswar. Looking at the daily chart, we can see the formation of rising wedge and Giant triangle. The price is moving very well in the wedge and it suggests that price can break downside on the corner of the wedge to the target of the support. Well, it would take its own course of time. Note : Entire analysis would go invalid when the price breaks the wedge/triangle upside decisively. The price could move to the 0.0062000 levels and fall towards the support: 0.00012600. We have good resistance at 0.0062000 because of the Triangle and Rising wedge resistance. So I would not enter trade STEEM or stay away for sometime. $bitcoin $BITCOIN $XDN $XEM $ADA $ICX $TRON $TRX $XEL $EXP $ETC $SC $STEEM
by maheswar81
3
STEEM ON HUGE POTENTIAL - WATCH CLOSELY (LOW-MED RISK)THIS IS A LOW-MEDIUM RISK to HIGH REWARD TRADE POSITIVE INDICATORS 1. Steem has received a fantastic Weiss rating of B- (in our view these ranks are pointless but it definitely followed by a great price surge with media coverage). Steem has also been put into 5th TOP RANK 2. MACD looks positive for Steem short term and long term. 3. Google search for STEEM have went up by over 95% since then. 4. STEEM market cap is very impressive as well. ESTIMATED GAINS Short term prognosis - 20% Gains Medium term prognosis - 70% - 200% Gains Long term prognosis - 1,000% - 2,500% Gains
Long
by CryptoManiac101
5
STEEMDANIEL BRUNO NOT A COINCIDENCE THAT THE CROSS OF THE 45D ANGLES IS TARGET, RESISTNCE AND FUTURE SUPPORT 30D SUPPORT WITHIN 2/1 FAN IS BULLISH 50% RETRACEMENT FROM 8 IS 4 1/2 AND 1/1 RESISTANCE 34 BAR MOVE TO TOP AND 21/22 TO 45D CROSSROADS, NOT A COINCIDENCE 13 MORE BARS WILL BE FEB 8 CROSSROADS OF 30D AND 45D RESISTANCE ANGLE BASE 3 0 DEGREES 4,13,30,55 90D 6,17,36,63 180D 8,2,42,71 270D 10,25,,48,79 NOTE THAT 4,6 AND 8 ARE RESISTANCE AND 10 WILL BE, TOO DANIEL BRUNO, CMT FOR HIRE
POLONIEX:STEEMUSDLong
by swiftcoin
STEEM breaking out? Target $10. Double up opportunity.STEEM looks to be breaking out of a downward descending triangle on wave (D) instead of (E) bounce. Confirmation is still needed on the daily and so admittedly this post is early but we are in a buy range regardless. A cloned fractal (purple line) is used to measure the target range. RSI has bounce at the 50. If you play this trade, ladder your buy-ins as mostly within the buy zone outlined. Place one or two above and one or two beneath, just in case. As always, never go all in. Never invest in only one marktet, crypto, or type. And always have 10-15% cash on hand. Target is $10 area. Good luck traders!
SLong
by stewdamus
Two chains break 1 million tx barrier, one could surprise you!Steem and Ethereum are the two first chains to break 1 million transactions barrier. Ethereum struggled, Steem didnt care. Fundamental So in my crypto-portfolio you can see I have held Steem Dollars . That has given me greater returns than Steem would have. Now I want to switch, but increase portfolio level. I feel Steem is giving me a better risk/reward situation. So what makes me like Steem? It has in my view (even though I havent used it) a great platform. If you check their stats you can see they currently have 334.25K users and have given out 22.7M in rewards. That's some good numbers. I would recommend to try it out: www.steemit.com I think the userbase will grow strongly with the record breaking numbers that are entering cryptospace. That should equal higher price. Steem could potentially change some of the ways we do social media. Technical BTC pairs arent my favorite, but what can you do. Though, I am liking my pitchfork and planning to use for some very quick daytrades. Besides that I am looking at the fib levels and have outlined where I think we can meet resistance. My target for this is between the 0.786 and 1 from recent downturn. 80-100k sat :)
Long
by Kryptokelly
33