Steem is a cryptocurrency that was released in It can be traded on the open market through cryptocurrency exchanges and obtained in exchange for goods or services. The price is very volatile due to the limited amount that's available on the markets. It's . 💎Technical Analysis Summary💎 BINANCE: STEEMBTC -STEEM still has 1 day left before the weekly candle closes -It is now trading below the weekly key level of support -Technically, this is bearish in terms of price action -If you are a long term bull, this level must not breakdown -Because new price discovery and longer consolidation will occur -Entering this market is a highly high risk. STEEM / BTC The price breakdown of the resistance level, which became after that the support level, and fixing above it indicates the possibility of the price hike higher after a local return to it and a rebound Entry price 0, TP1 TP2 TP3 Stop Loss Transferring to breakeven after
Steem btc tradingviewSTEEMUSD - Steem Price Chart — TradingView
Remember: All technical analysis is a matter of probability and this may not play out. We have 3 points of contact on both the bottom of the wedge and the top of the wedge which allows us to go ahead and consider the possibility of an Ascending Wedge pattern. Hello, traders. Steem is on sideways movement since a long time ago and going to test the long-term resistance line, and we expect a very big bullish movement from there.
Best regards. Probably some better choices out there, but this chart looks bottomed to me. Cut your losses if the channel breaks, I don't know how much further this will go down if the channel doesn't hold. Target sat area. Lots of potential here, but it might take some time! Lots of coins looking like this. This will pump eventually, but remember there can always Hi all It has been in the channel for a long time And the market can go up and down in the same channel, and if it can break the resistance line, it will grow well.
Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad. This is not financial advice. Remember to do your own research and build your own plan before you Hi Kindly like the ideas if it is helping you and leave a comment It has been in the channel for a long time And the market can go up and down in the same channel.
Channel is from to in the chart: Targets: Long steem now. Bearish Pennant Failed. The Steem community is focused on driving usage to Steemit, the social media blog powered by the Steem blockchain. As the days wrap up, the Steemit team mentioned the creation of a roadmap. Please support this idea by pressing the like button Buy Between : 0. Hi, today we are going to talk about Steem.
We observe a strong bullish wave at Steem, that received a great Bear defense at Gann resistance, followed by a Bearish engulfing. If this engulfing get confirmed we are going to get the levels of Fibonacci below as damping and Gann as strength test. Thank you for reading and leave your comments if you like. We see some special conditions. In the MacD indicator we see negative divergence.
Bollinger indicator bands have shrinkage, indicating a sideways trend. We'll see a big positive move soon, but it's important to find the right buy point. Accumulate : Sellzone : Holdzone : Stoploss : Under Please support the setup with your likes, comments and by following on Trading View.
Thanks Adil Khan. STEEM has increased and touched the strong resistance, I don't think we should wait for the magic to come. Steem is an open source blockchain protocol capable of storing social information and distributing tokens based on a 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