BITCOIN and STEEM Fibonacci Face Off - BTCUSD and STEEMBTC - Charts and Technical Analysis $steemCreated with Sketch.

in #steem8 years ago (edited)

To Fibonacci or Not to Fibonacci.  Bitcoin no care and Steemit is happy to be chillin for the ride. 


Bling Bling. I'm just an amateur trader on NADEX, charting on Trading View, and sharing what I'm learning from Trade With Precision.  

Below be some Fibonacci's, Moving Averages, Stochastic RSI, and MacD action.  Cheers! 


Bitcoin Weekly Fibs


Bitcoin Daily Fibs


Bitcoin 4 Hour Moving Average, Stochastic RSI, & MacD


Bitcoin 1 Hour Moving Average, Stochastic RSI, & MacD

And sure enough, after I posted this, it came back to the 21 MA and bounced back up.


STEEMBTC


Steemy Daily Fibs


Steemy 4 Hour Fibs


I did not include Moving Averages for Steem simply because I believe it is so new that it's worth simply investing in for now.  Also I'm a big fan of @Craig-Grant and I think he's spot on about time frames on when to buy and sell Steem.  Basically he suggests buying on Mondays and Tuesdays and selling on the weekend. But follow him and check him out for more info.  Also a shout out to @ozchartart.  He inspired me to share my homework and I suggest following him for more legit analysis.

Disclaimer: I don't know what a disclaimer is. Also, trading involves risk that you yourself must assess. Anything I share should not be taken as financial advice.  I'm learning and sharing my curiosities. Any suggestions or comments are appreciated.  Be safe! 


 Images Hosted at supload.com/u/jacobts

Appreciate all the Up Votes & Comments.

All the best, Jacob TS 

Sort:  

Yep
Bitcoin at $961
Could go down $801-$722
Then maybe buy? We'll see.

I agree that we could still go lower even to $600-$700 later this year.

Hello,
My name is Mme leonie Duchet, I live in France. In short, I give my goods to an honest person in need. I suffer from a serious illness which condemns me to certain death, it is throat cancer, and I have a sum of 60,000 euros, of which I would like to make a donation to a person of trust and honesty so Make good use of it. I am the owner of a red oil import company in France, Finland, Belgium, Italy and Switzerland, and I lost my wife 6 years ago. I was able to remarry to this day, we had no children. I would like to make this sum a gift before my death so that my days are counted for lack of this disease to which I had no remedy but a calming in Belgium I would like to know later if you can benefit from this gift?
Please answer me on this mail: [email protected]

Nice Homework!
I have to agree with not including the Moving Averages for Steem also. Great Blog

Coin Marketplace

STEEM 0.19
TRX 0.17
JST 0.031
BTC 84807.59
ETH 3302.93
USDT 1.00
SBD 2.81