STEEMBTC trade ideas
STEEM 1D Chart Continuing the Bull Run??STEEM appears to have made a cup with a descending channel for the handle. This token has been very bullish over the last 10 days. Will this token break out of the channel between 45000 - 50000 and head back up? We should know in the next 24 to 48 hours. I will watch this token for further information.
STEEM Bearish DivergenceThe price bounced from 0.000600 level. A bearish divergence gives us a trend reversal signal. RSI confirms price reversal and MACD histogram supports downward movement. Probably we'll see the falling to one of possible support zones. The 1st zone is formed by SMA50 and 0.000300 support level. If we get a confirmed price reversal signal, we'll be able to open new long postions from this support. If the market drops below this zone, the 2nd support will be at SMA100 and 0.000225 support level. This zone will be able to give a buy signal with good potential profit.
steem/btcSteem has a great opportunity to buy for a few days before a bigger pump.
buy: 0.00043-0.00046
sell:
target 1: 0.00049399
target 2: 0.00051685
target 3: 0.00053971
target 4: moon
tipbox:
17BUPYGRFqknHUSKTQAmNRrDKsMyH29rvZ - BCH
GTeHWtQaQAGeeEkW5gtgSPaWnMZmyQrUdR - BTG
XmXxWSgRqa4ZzzQUbWQnsAfxA1RGPScqZN - DASH
0xB62e34A9C3090Bb442a60C3f5d6Df72Db0341143 -ETH
Top 3 Most Consistent CoinsDuring the past couple of month, the crypto market has been going through two major phases.
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SteemBTC : Sell Signal? Hi there,
Steem/BTC witnessed a good increase in price in the last hours.
But Steem is now struggling around 58k. It may be a really good time to sell a portion of our steem holdings.
Indeed several factors tends to indicate we may have temporarly got to the top :
- We have hit the previous Top that occured in the beggining of this year (Fib resistance 1) at 58k
- Using my custom "Boundaries" indicator we have reach the first level of resistance from this indicator (orange line) : usually most coins don't pass this orange line except if there is a really strong rally (that's why you only sell a portion of your holding not all in case you break this one)
- On my multitool indicator, the red curve that sum up the score from multi time frame indicator, has touched the sell level.
- The MACD is also above the Sell Level and crossed.
- The godmode indicator is also above the sell level and crossed.
STEEM [STEEMBTC] New ways to pump cryptoWeiss just showed ratings of cryptocurrencies. Looks like new ways to pump and dump cryptos.
For Steem we have symmetrical triangle.
In case of breakout in upward direction we have few nice targets:
0.0005192
0.0006054
0.0007149
0.0008541
To see weiss ratings - join our telegram or look for it on weiss website.
STEEM possible movementIt had almost 100% retracement.
Both weekly Stoch RSI and MACD look good
3d Stoch RSI and MACD are fighting for upward movement; it also tried to break the Ichimoku cloud
1d Have a little Stoch RSI and MACD downoard trend. Broke Ichimoku cloud and currently trading above it. It may retest the cloud
6h Stoch RSI seems to want to reverse. It may need to gain support in Ichimoku cloud or little bit under it
1h has momentum but needs to break the cloud. Fortunately, it is a small cloud
Had a retracement to 0.786 fib level but also may still go as low as 0.883, it would also test the cloud
This move may go for 1.618 fib
This also may be part of a larger move.
STEEM BTC - Long Term trade - BUY with target 616%Steemit is a strong project, tipped as the next gen social media / blogging platform.
By comparision to other projects, the platform is already up and running. And paying!!!
Fibo analysis points Steem "on the floor", in zone 1.
Buy now = 0.00040
Target = 0.0029 (616%)
Allow time for this trade to develop.
STEEM/BTC - Short-Mid RangesBased off my TA ive made short-long term target zones (ranges) that could be met. Im just starting to working on my short term TA analysis so please take this post as potential targets and do your own research before making trades on this coin.
Fingers crossed! & Good Luck!
(1-day candles, time frames may not be accurate)