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Steem is a cryptocurrency that was released in 2016. 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 not very liquid and relatively small trades can move the price. Steemit does allows for mining, even though it’s not the primary way to earn money. Units can be bought or sold against other cryptocurrencies.

Steem has 3 distinct units:
-Steem, which can be bought and sold in the market
-Steem Power, which cannot be sold for 2 years
-Steem Dollar, which can be converted into Steem or Steem Power
Steemit is a social platform which attracts people that learn to use Steem naturally. The cryptocurrency has no cap on the number of units, as opposed to Bitcoin and Litecoin.
21 0 5
There is possibility for the beginning of uptrend in STEEMUSD

Technical analysis: . Steem/Dollar is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . There is a ...

39 0 0
STEEM/BTC pattern repeat

This is a longer term trade assuming BTC stays bullish As you can see STEEM follows BTC very closely. That blue area is the BTC chart. Accumulate STEEM between 2515 - 2200 Stoploss 2052

rvhydrn rvhydrn STEEMBTC, 240, Long ,
11 0 0
STEEMBTC, 240 Long
steem trade possibility

we have a good support here, this should be good entry with a stop loss below the fib.

38 0 4

Short term SnR trade for STEEM with 3.10% gain on capital deployed. One can go for trade even with no stop loss cause it will give one profitable exit for sure.

91 0 2
STEEMBTC, 240 Short
STEEM Bottoming Out!

STEEM has had a great rally this past week, with BTC rallying, Its time for the alts to consolidate and bottom out before the new alt season. STEEM is expected to fall back to the 33-35k sats support region before its next rally.

VerthagOG VerthagOG STEEMBTC, 60, Long ,
142 1 2

Steem crossing 20,000 sat soon . Buy the breakout

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