I might be drawing a long bow here but I'm looking for good news. Is Steem moving in repeatable patterns over consistent time periods or "share stages"? Is there an upward trending symmetrical triangle forming? Am I dreaming of bygone era of bullish crypto trading?
I'll be monitoring for the next couple of days to see if it continues to trade within the triangle. If so I will set a buy-in and some targets.
I'll be monitoring for the next couple of days to see if it continues to trade within the triangle. If so I will set a buy-in and some targets.
Nota
Zoomed in and looking at 2hrly intervals we can see that trading has remained within the ascending triangle. The broader market has recovered slightly and is consolidating somewhat. It is tempting to set targets now but I'm going to hold back as signals are not strong enough for me yet and market.
If it continues to remain within triangle I will set up a trade within the next 12-24 hrs.
Nota
Steem running out of steam? Perhaps, it's certainly testing the bottom of the triangle. But still hanging in there.Nota
Steem still hanging in there I'm still watching to see if it remains in the triangle. Should bounce off the bottom with the wider market. I'm going to keep this idea going.Dagangan ditutup secara manual
This idea is no longer valid and it looks like a H&S is forming. I'm out.Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.