📈STEEM Investor Report 18 September 2017 (Broader Market Rally, BUY Recommendation)steemCreated with Sketch.

in #trading7 years ago (edited)

Trading Recommendation:

BUY with stop loss at $1.00, release of future front-end features could drive the STEEM price much higher, expecting STEEM to ride the Bitcoin price recovery to $1.50

Investment Recommendation:

BUY, expecting to be much higher in 6 months due to the release of communities and partner applications

Analyst Commentary:

The STEEM price is up 8.32% verse the USD over the past 24 hours on higher volume ($1,235,300) as the broader Crypto market is recovering from the China regulatory panic. All conditions look green for Bitcoin to rise above $4,000 again and bring STEEM back to the $1.50 level. I recommend continuing to buy in at this level with a stop loss at the $1.15 level in case more negative news comes out. New account creation is lower at 400 new accounts created in the last 24 hours. The % vested indicator is down slightly at 71.58% on a light power down day and very low investment over the past 24 hours. Pending power downs remain at very low levels and appear to be lower next week. Daily active accounts is unavailable today. The SBD value is higher at $1.08 on Bittrex which is surging above the peg as Bitcoin quickly rises. Expect SBD to correct back down to $1.

For traders, I believe STEEM has significant upside potential due to fundamentals and I would buy into this recovery rally. On the investor side, I believe we will be significantly higher at the end of the year after communities are released and the account creation problem is solved. I would power up your rewards and buy at current value levels.

Marketing Trust

Please support the @marketing-trust by following and upvoting the daily posts. The project was created to generate capital for a paid advertising campaign to promote Steem.

Investment Report 20170918.png

Data Credit:

Coinmarketcap.com
@penguinpablo Daily Report
Steemd.com
Steemdb.com
Coindesk.com

Disclosure:

The report published above is based on my assessment of the cryptocurrency market. Investors should consider this report as only a single factor in making their investment decision. All investments involve market risk, including possible loss of principal invested. The author is a cryptocurrency investor and while he seeks to provide honest assessments to the best of his ability may have a conflict of interest that could affect the objectivity of this report.

Discord Chat:

You can reach me on Discord on my private server or through private message to LeongKhan


Sort:  

nice post thanks for sharing

Traffic yang luar biasa kawan

Excellent article. How I wish we did not have to trade BTC or ETH to buy Steem! Would have been so much faster and easier!

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 60526.80
ETH 2335.69
USDT 1.00
SBD 2.53