STeem likely heading to previous support levelsBroke the trend,
currently on average support. Doesn't looks good
STEEMBTC trade ideas
$STEEM reached support zone around ~830sats... $STEEM reached support zone around ~830sats...
UCTS Sell signal active on the daily
Volume decreasing
RSI entering oversold levels...
For now I would wait for accumulation signals prior entering here because we may see a further drop for this asset...
#STEEM
STEEMBTC SignalSTEEMBTC is at the bottom of its December trend channel and showing a hidden bullish divergence. We set 4 targets across its channel with one stretch target in the event of a breakout.
Buy Between:
0.0000980 - 0.0001010
Target 1: 0.0001111
Target 2: 0.0001229
Target 3: 0.0001355
Target 4: 0.0001490
Target 5: 0.0001695
Stoploss: 0.0000884
STEEM/BTC Broke the channelAfter being rejected by 200 EMA and broke the channel in my previous chart. it's clear a prolonged bear trend is continue + broken trend line that already established since december 2018.
using ichimoku cloud Stochastic RSI, RSI and Macd is also continuation of downtrend while ichimoku cloud still not closing in into a bearish cloud/trend yet and stochastic RSI is lower level, there's expectation for some minor bounce in near future to test bottom channel level and if possible to get inside and resume the continuation of the movement within channel..
i keep watching 2 support line at ;
- 8200 satoshi
- 6500 satoshi
while EMA 200 closing in toward the 2 support line.. i expect a major move either way to downside or upside in couple of months...
$STEEM Potential falling wedge in play,Reaching a strong support$STEEM Potential falling wedge in play,Reaching a strong support zone
UCTS Buy signal on the 6H
Reaching EMA50 at .618 fib level & weekly descending trendline
Volume & break over ~1144 could act as trigger
Failing to hodl this zone, will make a new retrace to 899sats
#STEEM
STEEM, DOWNBad situation in all time frames. I expect a powerful downtrend.
The blue zone (1000-1100) is important and powerful support but I don't think it can stop the downfall (of course it could but not in my opinion). Maybe the yellow trendline break too and STEEM touch the bottom again, who knows?
STEEM/BTC Moving Within Channel rangeAs the Title said, i think it's move to meet it's next touch point inside the channel around 0.00009 satoshi - 0.00010 satoshi. worst case scenario if it's goes down and break the channel in 0.00009 satoshi potential to go down retest previous hard support around 0.00007 satoshi.
hope it doesnt happen..
love to hear your thought about this chart and steem in the commment.. thank you.
peace :))
Fib retracement trade opportunity upcoming for STEEM BTC A possible Fibonacci retracement trade opportunity is upcoming for STEEM BTC (and STEEM ETH) if the price drops to between 0.00000975 and 0.00000850 BTC, and then rebounds.
Set an alarm for a drop below 975 satoshis and wait for the down movement to finish before buying.
Sell points are at the 0.5, 0.382 and 0.236 Fibonacci levels (1121, 1198 and 1293 satoshis respectively).
$STEEM - 1D - LONG - Trade is only active after a break back above yellow reclaiming resistance as support
- Green is daily OB which should act as support now, ignore wicks below if closes below on the daily trade does not activate at all.
STEEM trade set up?Got my eyes on some STEEM at the moment, its had a great few months spitting out some great trading opportunities and confirming these supply levels already.
We can see supply created back in November last year with the drop out of that large consolidation area before the market made a decision, this was acting as a solid resistance for the past 5 months so far with a few attempts are trying to break with very low volume so not really having the grunt to bust down those layers...it just wasnt ready.
However over the past month we have been building a nice steady up trend and the last impulsive push managed to break that supply zone now opening us up to the possibility to push higher.
Its since had a healthy retrace but i believe it has a bit more of a bleed left in it yet and as BTC looks as though its about to make a decision out of this range, we may get a nice low entry so im happy to put some luck dip buys a bit lower and extend my stop loss to give it some room, BUT for the sake of the chart im going to place my stop in a zone thats easy to understand for now just below the 618.
This may take some time to play out but its looking like a really nice R/W:R for a descent potential 50% on over all run but there will most likely be a potential to swing the move up.
i can see a level of resistance at that last previous top around 1446 and the higher supply around 1621 is my current area of interest although i will be trading this for a month or so unless of course it delivers the goods much quicker :)
CCI has some time to settle but still room to go for another run soon, and volume although retraced on the price action is still climbing well which gives me confidence in this having the legs to run up.
will keep this one updated over the next 2-4 weeks.
#Steem strong support at 1140Steem is current sitting on its strong support line of 1140 with a possible short term reversal to the higher bound of its trading channel at 1220.
Target: 1220
$STEEM Found support at ~1140sats (Flip R/S)....$STEEM Found support at ~1140sats (Flip R/S) after the 40%+ run that reached 1415sats.
UCTS showing a buy on the 6h
Trying to cross EMA200
Volume is still low/falling
A potential retest of 1415 could happen if volume appears
Falling below current support cancels it
#STEEM
Daily Bullish Signal $STEEM #STEEM #STEEMBTC (21 March 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
SOT March Chart off week 3 Steem/BTCThis is my March week 3 chart I think Steem may take another run up if it can ride the hourly uptrend to break out of the 4 hr wedge. I have described on the charts and in the description my entry, targets and stop loss.
Entry - 1172
1st Target - 1212
2nd Target - 1319
3rd Target - 1410
Stop Loss - 1100
**Legend**
Monthly - Grey
Weekly - Yellow
Daily - Red
4 Hour - Green
1 Hour - Light Blue
STEEMBTC 1-4Hrs TFSTEEM on its support and higher low of the current channel. We can place a buy order on the buy zone that can be found on the image. Stop Loss 3%. An obvious hidden bullsish divergence on the chart.
Bullish Bias:
24 March 2019
MainNet Release
Steem Smart Media Tokens (SMT) MainNet release.
steemit.com
Note: In trading there's no guarantee that you will gain or loss but with proper knowledge you can trade in the market with the highest probability. Always manage your SL and trade safely.
