STEEMBTC trade ideas
STEEM/BTC Completed Adam & Eve ReversalTake note on the chart. Expectation is Buy & Hold, for a very.. very long time.
Adam and Eve Reversal is completed on the 15 minute chart.
Zoom out and look at the consolidation points since inception of Steem on Poloniex.
A Giant bowl with symmetry is born. Know what this means? Possible Cup & Handel formation.
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
Repeating pattern on STEEMNice repeating breakout patterns on POLONIEX:STEEMBTC .
I think we are now in another one and I'm gonna play it.
It's little risky because of a some green pump candles at the beginning of the last triangle, but the uptrend is obvious.
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The analysis above show my vision on the current asset. On every idea published by me here I invest part of my money, but before deciding to do the same, please, do your research and invest at your own risk.
I will be glad to hear your thoughts at the comments :)