STEEM a great Month coming we can see a bounce from ATL support zone , with huge bullish flag ..
think there is a potential for 800-1000% profit this month
STEEMBTC trade ideas
steem to the moontarget 1 13k
if a bullish 4h candle opens and closes aboe 13k line
then the second target would be close to 17k
Steem / Bitcoin Finally Reversing UP?Steem has lost to Bitcoin in the past few weeks but in comparison to other coins, the loss was very small. In fact, Steem continues ranging against Bitcoin while other major cryptocurrencies are struggling.
STEEM/BTC found the support at 9600 statoshi, that is near 10k satoshi psychological support level. It attempted to break below, although the attempt was unsuccessful. Now the key price is at 8825 satoshi and if Steem will close below that price on the 4H timeframe it could go further down.
At this point, while the support is respected, growth can be expected, and perhaps even a trend reversal.
STEEMLONG- only if BTC holds steady
- Consolidation inside a Trading range
- Large Inside bars (smaller inside bars- better/stronger signal)
-symmetrical triangle
- BULLish RSI
-DMI turning up
-decreasing BULL volume on consolidation
Strategy-
1. if BTC holds up, start buying quantity inside trading range as I don't mind extra risk on entries
2. add qty on breakout
3. sell into strength on retest of upper boundary- volume and strength of breakout will dictate how far past the resistance price action will carry before retest of upper boundary
4. add quantity on RSI bounce
5. book profit again into strength -heading to TP2
6. trailing stop loss for remainder
FYI- not in love with this setup as it is inside a non trending market. My conviction level is not super high. We'll see good luck. Chart helps me for Tracking purposes at least
STEEM wants some actionLooks like STEEM wants in the action.
If STEEM follows BTC, then we can expect some huge gains.
- Capital management.
- Trade only what you can afford to lose.
- AIM high.
Target:
(1) 0.00025
Stop Loss:
(*) 0.00011197
Remember, new opportunities come along all the time in cryptoworld.
So play safe.
If you profit from this analysis, please consider sending a gift /tips.
BTC: 1FuixEqRubccPr9RxZpFTRAzXhwS4j2Qh3
BCH (Bitcoin cash): 1QHoxyb6eWeTUJQ7umFUSKcCZCGckfx14H
LTC: Ldqto38KKv2wibUBqdaEYN6k7EDMAfBbqm
ETH: 0xb0212a2338eaebd110adc5ca254e23396cc88cd2
You are strong.
You are powerful.
You are divine.
YOU DESERVE THE BEST!
Time to go up!STEEM has been following this channel for over a month, so its very possible that we might se a bounce at the bottom of the chanel and see it going to 14k sats or more. We can also see that it is close to be oversold, so this could be an optimal time to buy in.
STEEM/BTC - Short if breaks the cloud
Description of the drawing:
As you can see the fifth wave heading to the equilibrium of price inside ichicloud.
Also MACD showing a reversal moment of the uptrend that Steem was experiencing. If it breaks the ichi support will start to go down trend as bitcoin starts to recover.
Entry price:
0.00009869
Exit price: 0.0000
09273
Resistance to watch:
0.00010244
Support to watch:
0.000009571
Exit position fraction: 0.000009571
Type of Call: Short
STEEMLONG
-Historic Support/Resistance
-demand zone
-Falling Wedge- BULLish signal
-Approaching Downtrend line
-Almost Full Fibonacci Retracement
-Elliot Triangle Correction Wave complete ABCDE
-or more simplified - Elliot Correction WAVE ABC complete
-BULLish divergence RSI
-BULLish divergence MACD
-BULLish divergence Stochastic
-BULL volume on breakouts
- end of downtrend first indicated by higher lows and tightening range
Notice the extreme volume behind the two breakout attempts. Volume= shares changed hands over a given time. This gives an insight to the emotion behind the movement. Super high volume-my guess- intense FOMO and buying breakout, followed by nervous selling as profit started being taken. Either way trying to breakout and a lot of emotion behind the move/this coin.
more pros
-Fundamentals- working product
-Risk: Reward - All time HIGH TP = >700%
-Top 50 coins
Conservative entry- wait for downtrend line breakout
Steem Journey is far Aheadonce again this is cheap analysis.
it may be boom earlier or latter.
this is my marking price.
im studying the market.
Steem Steem play above Demand zone
You can join from current price at 0.00012050 or wait for confirming by closing above 0.00016600 daily then join.
Targets=
0.00025
0.00032
0.00041
stop lose =
0.0000805
risk/reward
33%/239%
capital management is recommended
we ask Allah reconcile and repay
STEEMBTC Starting The locomotiveDaily bullish divergence and yesterday a bullish morning doji appeared.
STEEM break out STEEM made a break out from falling wedge and with that huge volume spike is ready for an uptrend.
STEEMBTC ascending triangleSTEEMBTC can be put at the end of an ascending triangle, just below the resistance line at around ~15k sats, with contracting volume.
Since STEEM didn't have a pump in this latest altcoin cycle, after BTCBCCs little war, from pure from TA point of view, a small run can be expected any time now.
STEEM (STEEMBTC) STEEM (STEEMBTC)
Buy: 0.000153
Stop-Loss: 0.0001264
Take-Profit: 0.000170 / 0.000190
Recommended Trade Volume: up to 5% from your deposit size.
STEEM Double Bullish DivergenceThe trading idea is based on a double bullish divergence and it gives us a trend reversal signal. The price passed through the cloud and we got a confirmation of a new uptrend. DMI confirms trend market conditions and allows trading. We can place pending orders for buy a little bit higher than 0.000150 resistance level. Stop orders must be placed at 0.000126 level. Profit targets are 0.000200 and 0.000240 level. The part of trade volume can be left for long run with higher profit targets.
STEEM bottom reachedSTEEM bottom reached, I expect a bullish trend from here. I don't think it will jump back up to 0.001 since that seems pretty overpriced. But STEEM is more worth than it is now and I expect it to climb towards 23k SAT before having a little drawback. After that we'll see more pump and dumps, but the bullish trend will continue for at least a month.
STEEM.BTC - Long OpportunityCurrency Pair: STEEM.BTC
Time Frame: Daily
Predicted Direction: Long
Live STEEM.BTC updates will be available in the comments section below
