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Steembtclong

Steem | Gartley and about to break resistance for upto 896% moveHi dear friends, hope you are well and welcome to the new trade setup of Steem coin. The last biggest harmonic move Steem formed back in Mar 2020, which I shared as below: Now on a monthly time frame, Steem has again formed another big harmonic move, and this time it is a bullish Gartley: On a daily time frame, Steem is also about to break down trendline resistance as well. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
Steem coin formed huge bullish Gartley | upto 896% massive moveHi dear friends, hope you are well and welcome to the new trade setup of Steem coin. The last biggest harmonic move Steem formed back in Mar 2020, which I shared as below: Now on a monthly time frame, Steem has again formed another big harmonic move, and this time it is a bullish Gartley: Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BINANCE:STEEMUSDLong
by moon333
STEEM/BTC (Testing at Key Support)STEEM/BTC -This coin is back at previous Swing Low located at 1700 sat range -This area of support was previously a resistance zone -Today, can STEEM confirm this area as still a valid Key support? -Well, there is a chance if STEEM can pass 1900 sat and up -But if the market becomes unstable in the next few days -This support might not hold and send the price lower -Technically, if you're a type of traders buying at key areas of support -The 1700 range is a good confluence in terms of support and resistance -The risk to reward ratio is also good -So aggressive Buyers might already have positions opened right now -Target is up to 2200 sat area or higher
by PolarHusk
3
STEEM looking to test monthly resistance (HIGH VOLUME)STEEM has broken the daily resistance level at 2381 by wicking above the daily resistance. If new candle opens above daily level, then we may see some move upward till monthly resistance. It is the 3rd time the monthly resistance is going to be tested. The more times a level is tested, it becomes weaker. We may see the monthly gets broken due to 1.High Volume 2. 3rd Time Test 3. Candle forming above daily level 4. Upper trend line also acting as a support. In other case if 3rd time the resistance is rejected then it may retarce back to test the new support at daily level. Also 3rd situation is: If candle is unable to form above daily level which is 2381 then we can see a retracement back to 2260. Wait for the new candle to be formed. Then decide accoordingly.
by SmartMaxi
2
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 About To EXPLODE!!!Hello World, hope it’s going great! If you followed my last idea, then Congratulations on making that quick 90% profit in a day. Today, we’re gonna look at Steem against BTC as the chart looks ripe enough for us to trade. I will keep it real simple as it looks like this is gonna be an easy trade which is gonna potentially generate massive profits. So without any further ado, let’s jump right into it! \u2028Since pretty much a month, Steem as been moving sideways and accumulating well. Looks like Steem is ready to blow past its major resistance as it is now fighting to get past the 50 MA. IMHO, I believe Steem is going to get past the 50 MA level in the coming hours and head towards the target of around 6200 sats to test the resistance and hopefully crush it on its way up. If it gets past that level, the next level of resistance is around 8000 sats which is actually much harder to break. I think that Steem will easily reach that level in the coming weeks. The MACD indicates a bullish momentum and we have enough room to go up before experiencing any potential downside. These are the following short-term targets (< 1 month): T1: 5850 sats ( might just hit it within a couple days) T2: 6250 sats T3: 7000 sats T4: 8000 sats. \u2028 We might just hit all the targets in the coming 20 days. Smash the like button if you like this idea and follow to stay updated. Comment if you’d like me to have a look at any other coin(s). Don't foget to look at some of my previous ideas that generated me over 80% gains. Happy trading guys, good luck to y’all! \u2028
Long
by Leo0407
4
Analysis on STEEM/BTC and price objectives Can you see the clear inverse correlation between BITTREX:STEEMBTC BINANCE:STEEMBTC and BTC Dominance? ** Not at all calling this a STEEM/BTC bottom, but the chart itself is fascinating. Some main points: 1) Sitting on support @ 2 year ATL - bust these lows and we need to redraw our fibs for profit targets. 2) Confirmed bullish momentum/volume divergence not shown on this chart, but present within OBV and MACD. 3) BTC Dominance not looking toppy which makes our bull case for STEEM/BTC unlikely at this point in time. 4) 50% retracements make for conservative and reliable price targets. Thank you Mr. Gann. 5) Majority of alts looks similar. Ran TA on STEEM because of the interesting low we're testing atm. Want to learn the basics of technical analysis, risk management, and the fundamental principles of profitable trading? Check out our Level 1 course.  Giving it away for free right now for Tradingview users to beta test over the next few weeks.  Over 20 hours worth of content, brings you from the ground up and gets you analyzing charts like smart money.  Use discount code 'Tradingview' - learn more and get a free course preview here:   education.truebinary.io
by bitflip01
1