STEEM STILL BULLISH "<> <>" THE GOLDEN CROSS CHART PATTERN
🐒 STEEM STILL BULLISH the Golden Cross chart pattern .
What is a 'Golden Cross'
The golden cross is a bullish breakout pattern formed from a crossover involving a security's ( or Cryptocurrency ) short-term moving average (such as the 50-day moving average) breaking above its long-term moving average (such as 100-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.
Read more: Golden Cross http://www.investopedia.com/terms/g/goldencross.asp#ixzz4qhZSNYLA
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Below : STEEM PRICE
BLUE LINE : = 100 day Simple Moving Average of the price of Steem
RED LINE : = 50 day Simple Moving Average of the price of Steem
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Below : USD $$ DOLLAR VOLUME OF STEEM TRADED
BLUE LINE : = 100 DAY MOVING AVERAGE DAILY USD $$ DOLLAR VOLUME OF STEEM TRADED
RED LINE : = 50 DAY MOVING AVERAGE DAILY USD $$ DOLLAR VOLUME OF STEEM TRADED
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SUMMARY
🐒 The SMA 50 is ABOVE the SMA 100 on both charts .
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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 recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .
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Please voice your opinions in the comments below.
🐒 The SMA 50 is ABOVE the SMA 100 on both charts .
The BULLISH GOLDEN CROSS is STILL BULLISH for Steem Price and Steem Dollar Volume Traded
I am in Steem for the long term. Will be hodling for years. The short term analysis although interesting is less important than the bright future of this crypto and its platform.
Good news @me-tarzan
excellent news, and best post , thanks for this , i am your fallower, my always vote to you,, best work,
Great write up @me-tarzan... do you think steem is going to sustain its bullish run if btc go south again?
checkout my pricelist for today highlighting top 20 cryptocoins
https://steemit.com/price/@ibile/price-of-top-cryptocurrencies
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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 recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .
Good post. Thanks for shear dear.
you talk about a important thing.....you will running create this type posting....i waiting for your next post..
Good post. Thanks for shear dear.