STEEM/BTC current chart with Fib-retracement and optimal trade entry

in #cryptocurrency4 years ago (edited)


Anyone wondering a great time to get into STEEM?? Take a look at this chart and see for yourself at a basic fib-retracement with a risk/reward indicator on the right hand side. This basically means that right now, the risk vs. reward is at 2.6, so you stand to make 2.6 $ for every 1.0 $ you lose...





Disclaimer:
I am not an financial adviser, I am merely learning the ways and techniques of technical analysis to better understand and read charts, to hopefully give myself and whoever decides to read along a better advantage over the market 😄


LET ME KNOW IF THERE ARE ANY CRYPTOS YOU WANT TO SEE A CHART WITH THIS DATA ON


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Good morning @diggerdugg.

I didnt use the risk/reward table....I am glad you did....I bought some more Steem this morning...got it for $.95 give or take. I am happy with it.

I think loading up on crypto at the moment is not a bad idea. Sure there could be some more downside but the upside is huge. Nothing has changed with the long term potential of BTC or LTC (as an example).

My view also is steem is going to be huge.

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Awesome news!! I tell you, If I had any extra change lying around, I would be throwing some of it into crypto forsure!!!
Thanks for checking in mate