Easy earning 9%! How to trade Crypto-currency? Now Steam/BTC analysis will be every day! Technical analysis: STEEM/BTC; ETC/BTC; MONERO/BTC
Hi, Steemit!
See the results of the yesterday forecast below:
Steem / BTC
Forecast: Flat movement
Result: A small drop
ETH / BTC
Forecast: Growth
Result: Growth
SBD / BTC
Forecast: Growth
Result: Growth
Result: all three forecasts worked, on the SBD you could earn up to 9%. Please check new forecasts below. Sign and vote for right forecast, so everybody would be able to make money.
Steem / BTC
Steem now is in a flat movement. The basic for support will be 0.00087663. If in the next few days we will break through, it will lead to a downtrend movement. Because there is no activity in volumes or volatility, so we forecast the same movement as we did last time – flat.
Resume: hold – flat movement
ETH / BTC
ETC is slowly moving in the channel to the level of support to 0,002. The demand for this currency is decreasing. The market does not support the extremely low volatility and that`s lead to a down trend movement.
I suggest waiting till the level 0.002 to earn profit on the short and then to take a long position.
Aim: 0,002
Resume: Sell
Monera/BTC
Finally, Monera reached it`s high - 0.02652 and we are in the correction zone. A further reduction in price will continue. The level of the strong support is 0.01634 from which the price rebounded. As long as the quotes are moving in the channel, the nearest aim is 0.01365.
Aim: 0.001365
Resume: Sell
Dear readers tomorrow will analyze Steem / BTC again. Moreover, there will be ETH and Dash analysis.
Do not forget to subscribe and to vote, please click on the promotions button, if forecasts were correct and/or you liked the article. We are ready to answer all your questions in the comments.
Here's how I see Steem/BTC (heavily technical-analysis based analysis).
In summary, I see a bullish bat (harmonic pattern) completion, an AB = CD measure move completion, a test of horizontal support, and a bullish breakout of a down-trend price channel - all potential bearish reversal signals; all happening within a tight range of prices (bullish confluence zone).
Easy upvote. This is a great article. Thanks again for sharing. Happy to upvote and share this on Twitter✔ for my followers to read. Following and looking forward to reading more of your posts. Cheers. Stephen
Great stuff dude, I read these avidly!
Thank, I subscribed to you
where can i trade or buy all above cryptocurrencies especially Steem currency , in here?
The best crypto-currency exchange that I know of that sells Steem and other cryptos like Etherium, Monero, Factom, Dogecoin, etc. is Poloniex (click HERE to be linked to Poloniex - not a referral link).
What is the advantages for you when I promote this article? How does the promote work in steemit? I am new, 2nd day.
Promoting an article adds it under the promoted tab (along with home, new, hot, trending). I believe the more Steem that goes towards promoting a post, the higher up it will sit within the promoted list and the longer it will stay there, but I'm not certain how this part works.