STEEMBTC trade ideas
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.
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.
STEEM/BTC pattern repeatThis 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
steem trade possibilitywe have a good support here, this should be good entry with a stop loss below the fib.
SnR for STEEMShort 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.
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.
