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