Hey steemian crypto family!
I'm @CryptoGreek77, a full time crypto and FX trader, and here is my daily technical analysis for our favorite coin, STEEM!
My analysis heavily relies on Bollinger bands, Pivot Points, and Fibonacci retracements. They have proved enough for me to make wise decisions!
Unlike most analysts who play safe and usually say something like "It might go up +X%, but if not then it will go down -Y%", I take the risk and present a one-way prediction for every coin I analyze.
Follow me if you find my analysis useful!
Let's make some money together!
Daily Summary
It is a green day today!
Bad news are behind us. Most major coins are heading north.
Some of the good news are that regulators won't go ahead and ban anything, litecoin presented litepay, and Ripple announced that Western Union tests xRapid.
It seems like the whole crypto market has entered a new upward road.
STEEM Technical analysis
STEEM/BTC
STEEM sees strong support from both the Pivot Point and the lower Bolllinger Band.
Even if it drops a few more sats, a new rally is imminent.
My prediction is that it is heading to 65000 sats short term.
Please follow, upvote and leave any comment you like!
You can also find me on Twitter:
https://twitter.com/CryptoGreek77
About me: Introduceyourself Post
Legal Disclaimer: This is not advice nor recommendation to either buy or sell anything! Just my opinions that I like to share with you!