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Steem / Bitcoin

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STEEMBTC trade ideas

STEEM-BTC Long Trade PlanCommodity : STEEM Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-4 weeks Investment in trade : 5% of the total Trading Balance. Prospective Profit : 14% to 46% Prospective Loss : 9% RRR : SL to TP1 is 1.5, SL to TP2 is 2.6 , SL to TP3 is 3.7 and SL to TP4 is 4.8 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
Long
by CryptoTherapist
STEEM/BTC-Long setupSteem is a cryptocurrency token that has utility on the Steemit platform – an incentivized blockchain-based social media platform founded by Dan Larimer, who is also the founder of BitShares. STEEM will be launching their MainNet on 24th March'2019 after the TestNet was released in the month of January'2019. It might affect steem price analysis so let's analyze the Daily Timeframe chart of the pair to know levels to buy for upside potential and one of the best performing coins now. STEEM/BTC pair has already seen a surge of 100%+ in December month and 50%+ in the month of February 2019. There is a more potential upside for the pair with the upcoming catalyst (MainNet). If the Pair breaks the preliminary resistance around 0.0001168-0.0001260 Satoshi, then one buy at these levels after the retest. If the resistance is not broken then we can see the price reaching support level 0.0000900-0.0000835 satoshi where interested buyers can look for these levels to enter for safe entry. If the 0.0000900-0.0000835 satoshi level is not respected then one can look for buying around 0.0000645-0.0000667 satoshi level with a tight stop-loss. Sellers can look for two potential resistance zone around 0.0001800-0.0002000 satoshi to book profits. Also, it has been trading above the 200D-SMAs and Ichimoku cloud, which is slightly bullish. Caution: If the last line of support 0.0000645-0.0000667 satoshi level is broken then one should not hold the coin as it would be strongly bearish for the asset.
Long
by coinswitch-trading
STEEMBTC - ANOTHER PATTERN Buy Price: Green Zone TP: Blue Zone Support: Orange Line Resistance: Purple Line SL: Red Zone (I don't recommend to sell in loss.) Invest Suggestion: 20 Percent Profit Expectations: 10 to 40% Another pattern founded in STEEM, it's seems very likely to happen again ( borwn circle )! All techinicalls are pretty good! See me previous analysis and how profitable the are!!! Sell when you get some profit, according the way you trade. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
Long
by CGCryptoTrader
2
SMT Mainnet coming on March 24th$Steem March 24 is the release date of the SMT Mainnet, while I don't think this is a big catalyst. I would expect some action. Currently symmetrical triangle in play, I would expect it to test upper trendline in the following days. Targets on the chart #Steem Update on $STEEM. Forecast worked flawlesly. First target already met and we are 20 days from the SMT Mainnet Release. Over 25% in profit. I will lock some profits here and see if price retraces or keeps running up. Both MACD & RSI are bullish. Volume looks strong for now #STEEM
by CryptoNTez