<<>> STEEM PRICE TRENDS USING THE STEEMIT OSCILLATOR ( 1 ) AND ( 2 ) <<>>
🐒 APRIL 12 , 2017
THE ME-TARZAN STEEMIT OSCILLATOR ( 1 ) Developed to hopefully help to identify steem price trends . Only time will tell how well the oscillator will work . The oscillator is a @me-tarzan proprietary system .
How does it work : The BLUE LINE is the actual oscillator that can move between 0 and 100 . The lowest reading is 0 and the highest reading is 100 on the oscillator . The PURPLE LINE is the steem price . The GREEN LINE is the Bull Bear Line . When the blue oscillator line is above 69 ( GREEN LINE ) for several days the trend for steem price should begin an uptrend . When the blue oscillator line is below 69 ( GREEN LINE ) for several days the trend for steem price should begin a downtrend .
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NOTE : The blue oscillator line for both oscillators ( 1 ) and ( 2 ) need to stay 4 consecutive days above the GREEN Bull Bear Line for steem price to begin an uptrend .
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ME-TARZAN STEEMIT OSCILLATOR ( 1 )
BLUE LINE = ME-TARZAN STEEMIT OSCILLATOR ( 1 )
PURPLE LINE = STEEM PRICE
GREEN LINE = OSCILLATOR ( 1 ) BULL BEAR LINE
8/2/2016 to 4/12/2017
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ME-TARZAN STEEMIT OSCILLATOR ( 1 ) The chart below = last 20 days . Easier to see what has taken place the last 20 days .
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ME-TARZAN STEEMIT OSCILLATOR ( 2 ) I have added a second oscillator . The ME-TARZAN STEEMIT OSCILLATOR ( 2 ) has a few different data inputs than the original . Works just like the original except the Bull Bear ( GREEN LINE ) is set at 63 . Remember this second oscillator has some different data .
ME-TARZAN STEEMIT OSCILLATOR ( 2 )
BLUE LINE = ME-TARZAN STEEMIT OSCILLATOR ( 2 )
PURPLE LINE = STEEM PRICE
GREEN LINE = OSCILLATOR ( 2 ) BULL BEAR LINE
8/2/2016 to 4/12/2017
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ME-TARZAN STEEMIT OSCILLATOR ( 2 ) The chart below = last 20 days . Easier to see what has taken place the last 20 days .
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SUMMARY
Both oscillators are below the Bull Bear Line .
I would like to see both oscillators in Bull territory for 4 consecutive days . We still have not had that happen .
I think If the blue oscillator line for both oscillators can stay 4 consecutive days above the GREEN Bull Bear Line the steem price should stabilize and begin an uptrend .
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DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommend that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary or the ME-TARZAN STEEMIT OSCILLATOR ( 1 ) or the ME-TARZAN STEEMIT OSCILLATOR ( 2 ) used here is for illustrative and informational purposes only.
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Both oscillates still in bear country .
NO BUY SIGNAL yet
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