SMT
Week 45 - EURUSD - Thursday - SMTDXY having hard time making higher highs meaning dollar is being distributed
24/01/19 - $STEEM much go upSteem is pampin & I bought some with $DOGE.
Take a look on dis $STEEM because its a real thing.
Cu later frens
GBP/USD - 7 January - SMT DivergenceHeavy distribution Dollar
Pound making lower low
While Dollar unable to make higher high
Bullish for foreign currencies
STEEM is Ready for BIG Rally. 13-40% Profit Expected in ST.DONT FORGET TO LIKE THIS ANALYSIS
Chart Duration - 4H STEEM/BITCOIN BINANCE
RISK LEVEL: 3/10 (Less means, Less risk)
Key Points
1. Bottomed out at 11820 SAT Key level from where it jumps back heavily. Excellent buying zone (check 18 sept 2018) 11820 strong resistance if broken good sign.
2. Fibonacci on 4H, touched 127.2 FIB, 127 is always a good reversal point.
3. RSI very good around 30-35 (OVERSOLD)
4. MACD good buying signal
5. MFI money flow in
6. STOCH - reversal expected.
7. Good fundamentals - twitter.com
8. SteemFest Global Gathering
9. TestNet 15.1.18 Steem Smart Media Tokens
BUYING ENTRY : 11400-12000 (Buy in Parts)
SELL TARGETS : 12730-13200-14290-15000-16700
STOP LOSS : 11000
Recommedation : Focus more on first 3 targets if short term, if long term holder wait for big targets
Time to reach Targets: 1-2 Weeks for 1st 3 Targets & 3-4 weeks for rest of the targets.
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
STEEM/BTC 0.0015₿ to 0.0083₿ soonSTEEM will go up soon compared to the bitcoin price like ~ 550%+ at least
possible ongoing accumulation on fiber by marketmakers As you guys might know fiber is consolidating on the daily chart. While this is interesting, it's not too important. The important part is knowing where prices will head for next. And to me it looks like the marketmakers have left behind a clue. I compared fiber to DXY and I found the following:
VS
As you can see EUR/USD made a low on december 7th, and made a higher low on december 17th.
DXY made a high on december 7th and made a higher high on december 17th. Wouldn't you expect fiber to make a lower low when dxy makes a higher high? I think that fiber refused to go lower because it's in a marketmaker buying program. Meaning that fiber is under accumulation and that a bullish move may very well occur.
possible bull targets are the following: 1.1186-1.1216 and 1.1322-1.1343
