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Steem (Cryptocurrency)

STEEM/BTC good accumulation zone in last support areaSounds awesome and horrific in the same time eh.. just looking into steem/btc chart moving closer in the edge of descending triangle. interesting what will happen.. from indicators seems oversold in daily RSI and stochastic RSI and bullish divergence is sighted within MACD and Price action... awesome.. but keep in mind this asset didnt have big liquidity as this asset have less than 15 usd million which easily get manipulated in price. but if it so, the price most being pump rather than being dump since steem already down from ATH 96% .. but who know?? please feel free to share what your thought. peace.
by MisterCatt
STEEM/BTC good accumulation zone in last support areaSounds awesome and horrific in the same time eh.. just looking into steem/btc chart moving closer in the edge of descending triangle. interesting what will happen.. from indicators seems oversold in daily RSI and stochastic RSI and bullish divergence is sighted within MACD and Price action... awesome.. but keep in mind this asset didnt have big liquidity as this asset have less than 15 usd million which easily get manipulated in price. but if it so, the price most being pump rather than being dump since steem already down from ATH 96% .. but who know?? please feel free to share what your thought. peace.
by MisterCatt
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 possibility of temporary retracement to suggested support zone (1.4443 to 1.1025). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (1.4443) Ending of entry zone (1.1025) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 1.8935 TP2= @ 2.1460 TP3= @ 2.6432 TP4= @ 3.0239 TP5= @ 3.6475 TP6= @ 4.5472 TP7= @ 6.1394 TP8= @ 9.2557 TP9= Free
SLong
by ForecastCity