STEEM/BTC Buy Order

in #bitcoin9 years ago

Markets come back to where they came from and this one I have a buy order in a little north of 55,000 satoshi as that was the major level of resistance during the month of May. I am not saying that the market is going to fall there, but on the IF situation that it does, I am "OH Hell Yeah, I'll buy there" and when I can say that it is worth sticking in a buy order.

Plan for selling if the order hits is to sell a portion of back in the current range it is in and the other portion for new highs. It is tough to figure out where a new leg higher would reach but on Aug29/30 2016 it established a key base between 130k and 215k satoshi which would make me give a calculated guess in around 175k as where it may find a peak.

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Love your YouTube vids on the TA of the space. Thank you for covering so many coins here. Really great to see how you evaluate them. Looking forward to following your charts.

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