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RE: Top 10 Reasons to Buy and Hold Steem!

in #steem7 years ago

Hi all
I found this analysis, hope it helps.

IMG

It looks like the market reached the bottom. We see that 0.0002240 support level could stop falling market. When the price broke the downtrend line, it was a signal that probably the market would reverse. A bullish divergence confirms trend reversal. MACD supports upward movement. We have buy opportunity. Pending orders should be placed above SMA50. It's 0.000300 level. Stop orders must be below the support level . Profit targets are 0.000400 and 0.000600 levels. If the market drops below the support level , we'll have to wait for new trading signals.

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