Steem here we go! Expect further upside - Steem & Steem dollar TA 23rd September 2016

in #steemit8 years ago (edited)

STEEMBTC 4HR ANALYSIS (POLONIEX)


As predicted in the earlier analysis that a recovery attempt by steem is on the cards, we finally have a made a decent move to the upside enough to confirm that the wedge has completed and a bigger recovery in the short term is now looking very likely, price has broken out of the wedge to the upside and this move is definitely not a spike and looks sustainable right now so we can expect further upside in the coming sessions.


Key Levels:

Support: 0.00072012

Resistance: 0.00138637


SBDBTC 4HR ANALYSIS (POLONIEX)


Steem dollar is still slowly trending up, almost sideways at some points and we can expect the same behavior in the coming sessions without any moves to the downside. 


Key Levels:

Support: 0.00136244

Resistance: 0.00160522


Disclaimer: The information contained herein is not       guaranteed, does not purport to be comprehensive and is strictly  for      information purposes only. It should not be regarded as  investment  or     trading advice. The author does not warrant the  accuracy,   correctness,  or completeness of information in its analysis  and   therefore will not   be  held liable for any loss incurred.     

 
About me: I specialize in trading market breakouts,    if    you like my analysis and want to see analysis in other areas  like    forex, commodities and indices you can find me in  tradingview.com here or contact me through my website www.thepiphunter.com   

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I dont understand how you got to the 23 sptem conclusion?

You said it would go up but why did you choose that date ? Was something you read?

it's 23rd now in my timezone hence the date, it means analysis for today :)

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