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Steem (Cryptocurrency)

STEEMUSDT forming bullish Shark | Upto 30% move aheadPriceline of World's 78th ranked cryptocurrency out of more than 2300 cryptocurrencies Steem is forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. Let’s have a look on the dimensions of Steem price action's moves: After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 0.886 to 1.13 Fibonacci for a perfect bullish Shark and then the price action will be entered in potential reversal zone of this bullish Shark pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move. As per Fibonacci sequence method we can set our targets as below for mid term trade: Buy between: $0.1171 to $0.1087 Sell between: $0.1247 to $0.1419 So this short trade has potential to produce upto 30% bullish move. Regards, Atif Akbar (moon333) The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Long
by moon333
LONG - STEEM- Trading Opportunity1d consolidation looking strong, we think that this could be the last retest before retesting the upper range. Entry: 0.00001780 TP 1: 0.00001960 TP 2: 0.00002075 TP 3: 0.00001780 SL: 0.00001676 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Long
by ElMomento
Steem - Jack's AccumulationAs you may have seen, Jack Dorsey - CEO of Twitter and Square - recently put out a thread on twitter talking about his plans for a decentralized social media standard. You can view that thread here: twitter.com Jack Dorsey is a well known supporter of cryptocurrency and block chain development. In his popular cash app, you are given the option to purchase Bitcoin. Now he's talking about supporting a block chain standard for social media. In his thread, Jack mentions his associate team of developers that go by "Blue Sky." He makes a very interesting point, without giving too much detail of his plans. He says that the Blue Sky team will use an already existing block chain project or start from scratch. You'll notice he removes all responsibility and liability from himself by having the work done by a separate entity. This is a smart move legally, and gives a look of social responsibility. But let's be real, Jack is a capitalist. He's an active CEO of two publicly traded companies, Twitter and Square. He's going to have a share of whatever ecosystem is used. On top of that, why would Twitter dump money into a project to do work that has already been done? Developers are actively working on block chain out of passion. It would be in their best interest to coop an already existing project. Doing this saves Twitter and Jack money in the long run. Another point - there is going to be some serious money made here. While Jack paints a rosey picture of a decentralized web, the end game for this project is to make a small amount of people ungodly amounts of money. Having an existing project in their sites gives insiders a chance to accumulate the tokens of an already existing and actively traded financial instrument. Though I am pretty confident in the abilities of the Steem network and its viability for Blue Sky, I could be wrong, and there is definitely financial risk in taking a bet like this. IT IS SPECULATIVE. Let's get into the meat and potatoes... Steem took a dive the last 2 years. A high of $9, all the way down to $0.13... It's gone down quite a bit, and there is room for more. I show a potential downside of 56% from here. BUT, I do think a bottom is close to forming. It'll either be at $0.09 or $0.05. That's quite a spread, but if the Steem network is used for corporate development, it doesn't make a difference in the grand scheme of things. There is inherent risk in this trade, and it is wise to find a prudent and safe as possible entry. I would say the safest entry would be at it's all time low of $0.05. But just know if you wait around for it, it could never come. I personally will start entering the market at $0.09, knowing there could be more downside to come. I do think at $0.09, we could start seeing a more legitimate bottom forming, pairing with a break of long-term overhead resistance. The alternative is a breakdown below $0.09 and a rush down to $0.05. This would flush a lot of weak hands out, giving the big players a longer time to accumulate, so I don't think it's out of the question. I don't like to make definitive price targets, but if I had to, I expect about $0.25 by 2021. Here are the tickers for Jack Dorsey's companies, Twitter and Square: NYSE:SQ NYSE:TWTR Thanks for reading.
SLong
by micahjmiller
2
STEEM BTC - Market cycle analysisShowing signs that the bearish market cycle may be coming to an end by looking at moving averages, volume profiles, fibonacci speed fan and time axis fibo. The high volume in the local (horizontal) trading range could indicate an incoming trend reversal, however this would need to be confirmed by bullish price action. If the price can sustain a trend above the moving averages then I expect we may see a shift to a bullish cycle. Not an expert, not financial advise. Biffy
by Biffy
Steem Starting To Roll | Easy 55%+ On The Next ImpulseI've been tracking Steem (STEEMBTC) for a while and waiting for it to shoot up... The charts are telling me that the next strong bullish move is getting closer. STEEMBTC is now trading above EMA50 while gaining momentum on increasing volume. We have a strong/bullish RSI and the MACD is flat and ready to jump. Will Steem move higher? The charts are telling us that the most likely scenario is additional growth. Enjoyed this analysis? Hit LIKE to show your support. Namaste.
Long
by AlanSantana
3
LONG - STEEM - Trading OpportunityBINANCE: STEEMBTC daily range looks like it will be racing to the top of it. Entry: 0.00001683 SL: 0.00001593 Target 1: 0.00001857 Target 2: 0.00001979 Target 3: 0.00002109 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Long
by ElMomento
Steem Says Bullish All Across | Over 100%+ Short-TermSteem (STEEMBTC) is one of the best-looking charts right now. This is a very strong altcoin project and this pair is available for trading on many different major and minor exchanges. As for the chart? We are looking at strong/bullish RSI. The trading volume is starting to increase and surely moving in favor of the bulls. EMA10 and EMA50 were conquered yesterday, so we can see STEEMBTC now trading above these levels. The next target short-term is EMA100 or 0.00002230 with more to come after that. It can take days, weeks or months for this or any other chart/trade to fully develop... PATIENCE IS KEY! Enjoy the content? Feel free to hit like if you want to show your support. Namaste.
Long
by AlanSantana
4
Steem (Oct 19) 80% PProfit in 14 Days#STEEM $STEEM #BINANCE #BITTREX #HUOBI Buy : Close to 1700 as possible Sell : 1800-2000-2200 Mid-Hold : 2600-3000 Stop : Under 1580 ==================================== Let’s meet up and have some trading battles today! Guys from Onederx invited me to the trading competition that they hold each Wednesday. It’s a 24-hour marathon consisting of many 10 min blitz trading rounds. A trader who earns the highest PnL (%) in 10 minutes wins the round. Results are shown in real-time and it’s quite exciting and fun to compete with others. I signed up for the next tournament, my nickname is CryptoStation_ Sign up, create a nickname with the suffix “” like your nickname_ to recognize each other. BONUS 1: Top 3 traders the suffix will get additional $175 from me & Onederx guys. (1 place - $100, 2 place - $50, 3 place - $25). BONUS 2: Sign up via my link onederx.com in the next 48h and get +$10 on your first deposit. For CryptoStation’s members : BONUS 3: After signed up, contact Captain to get new Safe Selling Strategies, written by Captain BONUS 4: Everytime you won a tournament, you can contact Captain to get 1 VIP month for FREE! Learn more here & Let's rock!
Long
by CryptoStation