STEEMUSD trade ideas
short term steem/Usdbuy : 6$ - 7$
First Target : 9$
Second Target : 10$
Third Target : 13.40$
Do not panic . steem does not need stop loss .
STEEMUSDRetest back into a strong demand / support, possible retracement, long opportunity.
Stuff to remember:
— First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further
— Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly
— Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future
— The strong initial move can contain a few small retracements but not so many that make this move slow and weak
— Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run
— Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms
— Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance
— A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Attention: STEEM to break out tonight! 200%+ profit Target 11.75STEEM looks to be ready to show up tonight! My target is $11.75 at which point I will unload at least 25% of my stock. Notes are in the chart.
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STEEMUSD potential +80% again in one weeHello traders, Here I have checked the Day chart!
The price has had a correction move, after a long time bull,
I predicted in my previous analysis and we got the price
action!
After the short correction,
the price is ready for a new up wave
If the chart get 30 likes,i will update
STEEM - ABC Correction buy opportunity (LONG)Looks like STEEM is going to take a dip from recently being grossly overbought.
This is a great opportunity to pick up some STEEM if you're looking for one.
NOTE: This is not financial or trading advice. Please take everything you see here with a grain of salt, and make informed decisions when getting yourself into positions.
short term sell followed by bullish trend to new highsshort term sell followed by bullish trend to new highs
STEEMUSD: Steemit is Steeming along! BULLISH FLAGSTEEM has moved up a lot recently, but it doesn't look like it's done yet! Seeing a nice bullish flag here, indicating that we're consolidating a little before the price (most likely) continues to climb!
Steem/USD bullish diamond pattern A bullishdiamond pattern is forming on 1 hour timeframe. The only thing fishy about the diamond is that the breakout seems somewhat delayed. If the upper part is broken, the next target is near 6.00, based on the size of the diamond.
BITTREX:STEEMUSD
SteemWe made a nice cup over the past few months. Bullish shape.
Also OBV is very strong. A high probability trade.
Target 1 $3.3
Target 2 $5
Also a good coin to hold Long term. A simple and cool concept.
Steem Multiple Bounces Off The SupportSince June, Steem hasn't been popular amongst investors, and it went down from $2.8 to $0.75, where it found a very strong support. Although Steem lost over 70% to USD it found a very strong support at $0.75 which has been rejected multiple times.
On the 2nd of November, STEEM/USD rejected the support and shortly after it rejected it again on the 11th of November forming a bullish divergence. Straight after price went above the 200 Moving Average and it still remains there. It is also worth mentioning that Steem has been producing higher highs and higher lows, which does suggest the beginning, or better said, continuation of the long-term uptrend.
The first upside target is seen near $3 psychological round number. To be precise it is $2.8 area which corresponds to the 227.2% Fibonacci retracement level applied to the corrective wave after the descending channel breakout. It also appears to be the previously formed high and potential should act as a strong resistance or an upside target. Only a break and close below the $0.75 support could invalidate bullish outlook.
STEEM/USD Fractals cup and handle.A cup and handle pattern is almost done, lets see what happen.
short term target 3 USD.
If you like my idea leave a like. Stay tuned
