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STEEMBTC trade ideas

💥 Steem Uptrend Is Secured, Bullish Comes Next by RequestSteem (STEEMBTC) secured its uptrend, meaning, we have clear signals that prices will continue to go up. First, we have that huge green candle on the 19-March. Prices then entered a strong correction, which is 100% normal... And as soon as EMA100 was tested as support, we ended up with a higher low, the uptrend is now secured. Yesterday's candle also printed high volume and this signals that the retrace/correction is done. Now, it can take days or weeks for the next jump, but what you have to do to profit is very easy, it is simply buying and hold... Set your sell orders on target and let them fill as prices go up. This is not financial advice. Thanks a lot for your support. Namaste.
Long
by MasterAnanda
1
STEEMBTC forming bullish Shark | Upto 32% move aheadIn my previous article as I have shown that the price of World's 78th ranked cryptocurrency Steem is forming bullish Shark pattern in US Dollar pair now same as like that move the price action of Steem with Bitcoin pair is also forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. Let’s have a look on the dimensions of Steem with BTC pair price action's moves: After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 0.886 to 1.13 Fibonacci for a perfect bullish Shark and then the price action will be entered in potential reversal zone of this bullish Shark pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move. As per Fibonacci sequence method we can set our targets as below for mid term trade: Buy between: 0.00001611 to 0.00001487 sats Sell between: 0.00001725 to 0.00001976 sats So this trade has potential to produce upto 32% bullish move. Regards, Atif Akbar (moon333) The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Long
by moon333
STEEM / BTCSTEEM / BTC has had quite the bit of dramatic sequence the last few weeks. From what many view as the hostile takeover of the network by Tron Founder Justin Sun, to the subsequent hard-fork, STEEM price action has gotten one thing. Crazy. From a low point of 867 SATS, this thing has exploded to 8133 SATS at the peak! That was nearly a 10x for premium content users. Way to go! Now; it’s retraced all the way back down to 2800 SATS. I am loading a bag at 2820, and will keep my accumulation range or 2500-3000 SATS. This could very well see 4000+ SATS again over the next week > sooner. That from here is a 27+% run; and giant green candle. Good luck traders. Stay indoors!
by kolinxbt
STEEM Bounces | New ATL + Bullish Momentum DevelopingWe shared a chart for Steem (STEEMBTC) on the 17-Oct., right after Steem started to grow and hit multiple targets... A strong retrace followed and a new all-time low was hit: We can see a fake breakdown as well on the chart above. Support was broken just to see the price move back above it right away... This is a bullish signal and also a signal that points to an upcoming change of trend. So we are not only looking at hitting multiple targets and then a new low but instead a sustained period of continued growth. Previous analysis: The charts are always changing/evolving, what we are seeing now can be completely different in a few weeks or days. So, remember to have a plan if you decide to trade. This is not financial advice. Namaste.
Long
by MasterAnanda
4
Steem Is Starting Another Round | 60%+Trading Steem went nice for us and we ended up with profits every time... Now I am seeing a strong bounce takes place. Previous chart: We can see strong volume coming up for STEEMBTC and one candle that challenged all three EMAs, 10, 50, and 100. The pattern which led to this candle, marked in blue, is also a strong reversal pattern and a higher low compared to the 26-Oct... The signals are strong, time for Steem to move higher. Namaste.
Long
by MasterAnanda
Gone Perfectly As Predicted, Steem Prints New Higher HighWe predicted that Steem (STEEMBTC) would hit a higher high (HH)... You can see it by clicking on the chart image below: What happens now? Trading volume is starting to increase and STEEMBTC is gaining momentum. We can expect this uptrend to continue to develop with this and other altcoins printing slow and steady growth. Higher highs and higher lows. All the details (targets) are clearly marked on the chart. Feel free to hit LIKE to show your support. Namaste.
Long
by MasterAnanda
4