Hi everyone,
As we are seeing Green for this weekend, I have attempted to make a short analysis on Steem/BTC.
Here is the chart:
Steem has three bottoms and ready for the reversal. I will initiate my Long position when it passes 23k area. Please note that, if Steem is not to cross that area, do NOT enter since we are quite uncertain about the market.
For take profit, you can start taking from 35k area (which is 50% profit from the long position).
My trade:
- Long if Steem break 23k, use 25% capital
- Buy more if Steem reached down to 20k (only after I have bought from 23k)
- Take profit from 35k.
Disclaimer: This post is my trade, and I want to share for information only, please do the trade or invest with your consent.
Thank because I am new in Steemit platforms thats why I want to invest in Steem your post help me how to get profit from steem. So let's see what happens. Good Luck
Thanks for sharing trade information.
like it and upvoted.
Yeap, Great saying, During this crypto market where everyone thinking about stability in bitcoin and it's a really good idea people who think to buy steem for while now until then bitcoin grasp the market again.
Yes I did buy Steem during that crash.
Very good analysis. Rightly said, though steem price is going good from yesterday, yet uncertainty is there. Thanks for sharing.
This post has received a 35.17 % upvote from @boomerang.
Congratulations @attoan.cmt! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @steemitboard!
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes