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Steem (Cryptocurrency)

STEEM/BTC LONG NOWWHY TO GO LONG ON STEEM 1. We could have a nice bull flag forming on steem right now, if it does bust out the top this should provide enough volume to push us through the longterm supp/resist line. Currently we see higher highs and lower lows within the flag 2. unlike most of the market, steem is holding well against the complete market crash. I believe this is due to Steem already having its major correction. We are still about 90% down from ATH, reaching a low of about 100% before recent pumps 3. Steem has use. either on steemit, or dtube (youtube-like platform). In addition to use, users can also "lock" steem in a wallet for use on these platforms, leaving a smaller supply and sell pressure on dips. This can ultimately lead to gains back towards the ATH
Long
by kevincantone4
STEEM/ETH is fixin' ta bust... ignore the H&SSTEEM has held up fairly well as the broader crypto market unravels. Also... STEEM just got listed on BINANCE yesterday (Feb1 2018). This alone will increase the demand for this coin. Sure there is a H&S pattern on the daily, but H&S doesnt mean that much in a sideways market. I am not recommending it as a buy AT THIS TIME. Wait for a close above the trend line formed by the head and the right shoulder. IF this happens BEFORE a close below the neckline... BUY STEEM/ETH at the market.
S
by quantumtrader
STEEM/USD Overall Chart review on Poloniex weekly candlestickSTEEM started trading on Poloniex on 18th July 2016 with a low of $0.82 and a high of $4.80 and closing at a price of $3.74. The market became bearish for 6 months from July to Jan 2017 and began to consolidate as low as $0.09 from Nov 2016 to March 2017 before a breakout on March 13th 2017 forming a partial CUP and HANDLE pattern to close at $2.40. The bears took over the market and drove the price down to from $2.47 to $0.80. On the 1st of 2018, the Bull were back more aggressively pushed the price up to $8.74 and closed at $6.40 with the bears pushing the price down by approximately $2. Over the course of 4 weeks prior to the all time high of $8.74, the price entire cryprocurrency market has since been taken over by the bear due to the news of ban and regulation in S. Korea, Russia, India and other countries. The market is in close observation with ears and eyes on the news to ascertain what to expect in coming weeks. According to MACD, there is a bearish divergence which indicates the presence of the bears still trying to push the price down. As at time of writing, STEEM was trading at $3.70.
POLONIEX:STEEMUSDEducation
by Trizle
Would I buy STEEM now? I may not. Why?Hello Friends, Here is the analysis of Steem, get to know the best analysis from Maheswar. Looking at the daily chart, we can see the formation of rising wedge and Giant triangle. The price is moving very well in the wedge and it suggests that price can break downside on the corner of the wedge to the target of the support. Well, it would take its own course of time. Note : Entire analysis would go invalid when the price breaks the wedge/triangle upside decisively. The price could move to the 0.0062000 levels and fall towards the support: 0.00012600. We have good resistance at 0.0062000 because of the Triangle and Rising wedge resistance. So I would not enter trade STEEM or stay away for sometime. $bitcoin $BITCOIN $XDN $XEM $ADA $ICX $TRON $TRX $XEL $EXP $ETC $SC $STEEM
by maheswar81
3
BTC-STEEM on Bittrex: Backtest for Gunbot BB-STEPGAINIn the constant search for pairs that are able to generate profit within a trading bot, while reducing drawdown and losing trades, I've been playing with different indicator settings within those available for Gunbot. Using the built in RSI buy and sell level indicators, as well as removing the BollingerBand selling points, I've started to see a trend for un-pumped and slower growth/ranging pairs: BB buy, Stepgain sell. The following backtest buys STEEM at RSI > 35 (trending up), Lower Bollinger Band buy at 10, and sells at 2% and 8% stepgain intervals (no RSI indicator for sell). The timeframe for this test includes the January dips, 1/1/2018 to 2/2/2018. The total estimated return from this test is 80%, while a buy and hold would generate 27% (roughly 3x return from buy and hold). This setting is live now for myself, and I'll keep the reigns held tight - and adjust settings moving forward depending on how relevant the indicators continue to be. -Keade
by keade
1
World busiest blockchain STEEM Listed on Binance today 1st FebFebruary greets us with a great news as the world's first, fastest and busiest social media blockchain is now listed on one of the biggest cryptocurrency exchange Asia. I personally believe this will have a positive impact on the price of STEEM. Wise traders and holders will use this opportunity to buy into STEEM and be the first to get at an affordable price which i just did some minutes ago on Bitshares DEX and Binance. My projection for STEEM is $100 for 3 main reasons. 1. It is the busiest blockchain in the world 2. The price is still at the bottom of the Chart even at the current price of $5+ as seen on Fig 2. although i bought at $0.94 3. It becoming more popular as we are beginning spread the word to unaware users Be the part of a revolutionised internet called the "Blockchain" looking at the chart below on tradingview. STEEM/BTC Bottom price: 9940sat Current price: 51665sat ( approximately $5) Target price: 90484sat 2018 is a year of many opportunity for all crypto enthusiasts. do not be (POOR) Passing Over Opportunities Repeated. take the opportunity to be RICH. the STEEM POWER (SP) is in your hand. Use it wisely. Fig 1 is a smaller cup while Fig 2 shows a bigger cup indicating how undervalued STEEM is at time of writing. have a happy and profitable trading
Long
by Trizle
2
Steem Dollars on Cup and Handle with Fibonacci Retracement and 5Steem Dollars (SBD) begins its rally at $0.97 on November 21. Barely less than 2 months SDB rose to $5.30 due to the surge in market cap indicated as the blue line on the coinmarketcap chart on Fig.1 showing an increase of 446.39% gain. SBD is about to begin a new uptrend after a healthy correction at ABC. On Fig.2 Elliot Wave 1 is completed and wave 2 is closing on a correction to start wave 3, 4 and 5. Fibonacci's retracement gives a guide on the path of correction and uptrend to wave 5.
SLong
by OvieTrizleOyegwa
2
STEEM ON HUGE POTENTIAL - WATCH CLOSELY (LOW-MED RISK)THIS IS A LOW-MEDIUM RISK to HIGH REWARD TRADE POSITIVE INDICATORS 1. Steem has received a fantastic Weiss rating of B- (in our view these ranks are pointless but it definitely followed by a great price surge with media coverage). Steem has also been put into 5th TOP RANK 2. MACD looks positive for Steem short term and long term. 3. Google search for STEEM have went up by over 95% since then. 4. STEEM market cap is very impressive as well. ESTIMATED GAINS Short term prognosis - 20% Gains Medium term prognosis - 70% - 200% Gains Long term prognosis - 1,000% - 2,500% Gains
Long
by CryptoManiac101
5
STEEM Bearish DivergenceThe price bounced from 0.000600 level. A bearish divergence gives us a trend reversal signal. RSI confirms price reversal and MACD histogram supports downward movement. Probably we'll see the falling to one of possible support zones. The 1st zone is formed by SMA50 and 0.000300 support level. If we get a confirmed price reversal signal, we'll be able to open new long postions from this support. If the market drops below this zone, the 2nd support will be at SMA100 and 0.000225 support level. This zone will be able to give a buy signal with good potential profit.
by DLavrov
8
Bullish flag/pennant pattern on Steem Cryptos that can combine some level of fundamental analysis AND technical analysis will be long term winners based on the philosophy of the "Tyranny of OR and the Abundance of AND". Steem is a great platform and contributors are making real money (not me yet since I'm still new). I abandoned FaceBook after seeing all the misinformation and lies being posted so Steem content is a breath of fresh air and more truth since your reputation is at stake...and content never goes away. If you believe in the Steem platform, this might be a good time to buy with a nicely forming flag or pennant pattern. Since I've been posting some negative or dooms posts, figured I should focus on something positive! (I'm not a financial adviser and I own steem coins).
S
by realstep