Trading Idea: $$$Steem
Steem is still bottoming amidst BTC topping gold for the first time.
Steem is up by 4% in the 24hour chart showing a neat bullish inverted head and shoulders pattern. 24hour volume is at 50BTC. Could be a good turning point for steem. Waiting for it to cross the neck line to confirm before putting in some more...
Happy trading...
😅😅😅
Sure hope so! Did my share in accumulating SP ;)
Solid info, thanks!
Always happy trading thirds rule strategy.
Frank-III
Steem is under the radar of pro traders, we have to keep watch... last time steem pumped, it went over 10x...
shhhhhhhh...
we don't know who is watching...
Frank-III
Steem barely managed to touch the neckline. Pullback happened. Invalidated
Id argue many pro traders wont touch Steem, its a horrific chart. There needs to be some serious action around here, to level the playing field and make the voting system more fair to all.
Time to go Whale hunting.
Volume says otherwise...
If you look at the green pinbar on the chart above between march 2-3, that a huge volume of absorbing sells.
Ah, i see, still it is in a bad zone, price too low, id say many who buy in this region will sell at x2 all day long... but lets hope we can get back in a ncie uptrend, a project like this deserves a much better price.
Huge mark up with right volume... steem went up 11%...
i will start to get excited once we are above 50k sats again. :O)
Wont be buying a that range