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Steem / Bitcoin

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STEEMBTC trade ideas

Steem finding bids against BitcoinNot only did Steem hold it's value against Bitcoin like we were hoping for last week (see steemit.com/@bulleth), it also put in a half-decent rally on Saturday and is back inside the falling channel. Struggling with resistance in the 60-67 zone now, a break higher would target 75. Technically, we have the makings of a head and shoulders reversal pattern here (neckline in the mid 30s - dotted), but at this stage in the coin's life, I am tempted to ignore it. Valid sell signal doesn't occur til a neckline breach anyway.
Long
by MFXSCharts
Steem Buy only after Break of R1 with possible strong waveSteem R1 level has 1. 20 EMA line 2. Previous support level is broken then retested couple of times 3. Also our resistance trend line in red Because how many different factors are in play, I would suggest buy after a breakout. I would expect possible strong pump afterwards So possible scenario from here is test of resistance accumulation above the .00050 level then break out Stop loss would be a break below the green support trend line Solid project for short term trading purposes suggested trade would be a break out of R1 with a target of R 2 Long term trading targets goes around the 8s so go with .00078 , .00088 and .00098 for now Please do your own research BEST OF LUCK EVERYONE
Long
by dr.ehabaziz
Possible FLAG pattern forming in STEEM on the 4Hourly?It seems we may have a possible FLAG pattern forming in STEEM/BTC, with bullish trend about to form on the breakout of structure/channel. Water and Blueberry EMAs are crossing as well as TDI channel bands are extremely narrow, which suggests a strong pending move is imminent. In this chart I've listed what I see as 2x possible moves, one retracement downwards before the move up or 2x possible moves up and down, before an upwards move which would produce a breakout of structure and confirm the flag pattern. In my opinion, this stock would be a great BUY/LONG and I shall purchase coins on the breakout of structure. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
Long
by UnknownUnicorn661419
STEEMBTC Long Investment Opportunity - 15 July 2017I love the Steemit Community and for this reason I believe Steemit and Steem Coin will revolutionize social media content marketing and lifestyle design. I believe Steemit will be competing with the giants in a few years. Fundamental Commentary This new fork in BTC being launched from AUG 1 2017 will cause a lot of volatility so this may help my trading idea work. Tips I recommend selling your BTC for ETH and waiting a few weeks until the dust settles. Take your coin out of exchanges and into cold storage Enjoy the show Rodrigo Antonio
Long
by Fiiyat