STEEMUSD
STEEM DOLLARS AT PARITY - POSSIBLE BULLISH SIGN Today we can see on the daily chart the steemians currency, the steem dollar, reaching an important psychological level that has served as support on past occasions.
If we see this daily chart, we can realize that for the 2 months the price of the steem dollar has been ranging between 1.50 and 0.80, creating important signals at this levels. Today, the price is reaching the parity level and we might see some important signals that might give us a clue that the steem dollar is on the way up.
This signals are:
1-Price reaching the parity level at 1.00
2-1.00 or parity level being reached three times in the last two months, going up on the three times almost to the 1.50 mark.
3-200 Moving average acting as an important sign of mobile support and being respected for the last 5 moths.
4-Last 6 candles being bearish in a consecutive way, giving for this reason a strong argument to a bullish candle for the next days.
My advice would be:
1-Waiting until confirmation of at least one bullish candle with a strong sign to enter,for the risk takers, and one bullish candle followed by another confirmation candle for the most conservative ones.
2-Stop Loss below 0.80 to create a good space for the currency to breath before going up.
3-Take profit at 1.50 to take profits is a good amount but being aware of the channel and resistance at the 1.50 level, if you put your stop loss at 0.80 you have a good 1 / 2.33 risk reward ratio.
If you have any doubts, comments or suggestions, I am here to serve and help.
God Bless Us All.
200sma Daily support on STEEMBTC #steemitThe Daily chart is looking nice with the 200sma support right below the price. It had a much needed breather and now looks ready to reverse higher near the .236 fibonacci retracement level.
I also made my first post on steemit today :D steemit.com
steem.io
coinmarketcap.com
STEEMBTC Weekly trend with fibonacci retracements #Bittrex chartSteem looks like its getting close to a bottom, watching for a reversal in the near future as we head near the 200sma on the daily chart. The longterm outlook on steem is bright since steemit is revolutionizing the way people share content. This could easily move back up to previous resistance near the .236 to .382 fibonacci retracement levels. Accumulation and dip buying for the longterm seems like the way to go.
My first steemit post :D steemit.com
coinmarketcap.com
STEEMBTC MARKET REVIEWSTEEM is on a clear downtrend, however, support has been tested several times over 0.00036.
This triangle can also be seen as a Downtrend triangle, however, BTCUSD plunges have not affected severely the STEEMBTC pair.
This might become an option if BTC price hits new lows over the next couple of days.
STEEM VS Bitcoin Technical Eliiot wave chartSBD VS US DOLLAR
Looks pretty bullish in the nearest future market is consolidation above the support will find a good support at wave tow and then proceed further to wave 3 for long term bullish trend Price is expected to reach 0.0045btc which is $10 use a coin..
So keep steaming steemit may be you become a in nearest future.
Steem Swan A close outside the Swan Head is a buy signal, Let's do some artistic stuff while the bots are playing
Small Channel inside the Head is our daily channel
We had a trial of breakout before BTC took over the market and now we are back in
We are in a sweet spot area, the.00070 Mark should hold, If we get there.
My suggested trade would be around the next support area or wait for for buy signals through candlestick patterns or indicators which I will definitely highlight once things are more clear.
I am a holder
Best of luck everyone
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
Graphene Blockchains, probably good to swap your BTS for STEEMAs there are only currently to major blockchains running under Graphene codebase, Bitshares and Steem, the userbase seems to be pretty much intersected. Steem dollars had an ATH in both volumen and price, and also Steem and Bitshares are reaching very good trading volumes. Bitshares has recently increased around 300% in value in a few months but Steem didn´t. So far the STEEM/BTS ratio it´s at the bottom and seems a good idea to swap a stake of your Bitshares into Steems. In case you don´t have any, a long position into Steem seems good.
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
Steem Long "Update"A few people asked me about a Steem update, and here it is! Long again!
I wrote a few details in the new chart
Sorry but I don't have the time to describe each option
here is the old chart:
Best wishes and don't forget:"don't invest more than you can afford to lose"
your Altcoinanalytics
STEEM . Baby Bull
Almost one year old, STEEM may have seen it's all time low from which it has bounced a few times now. A modified Schiff Pitchfork shows us a slow BULLISH channel moving forward. Fibonacci levels ahead also show some attractive historical price action.
Technically speaking, tentatively BULLISH.
Fundamentally speaking, the blockchain is new and there continues to be innovative projects discussed and released including SteemPhotos and Busy. And those are just the beginning. Steem has an engaged, diverse, and creative community. It's transactions are instant. Despite any growing pains, it continues to show potential.
Personally speaking, I am BULLISH. The platform continues to show increased usability and the community continues to attract new members whom create new content not only for crypto-enthusiasts but for a variety of public interests.
steemit.com
What will happen? We shall see.