STEEMBTC
... is testing above channel resistance and bulls will be looking to take out the 39 - 43 resistance zone from last week. Could reverse from here, but looking mighty fine at the moment.
A break above 43 would target the August high at 50 square:
STEEMUSD
A quick look with my ALTFIAT indicator shows STEEM is in even better shape against the USD. Currently trading above last week's closing high (this is a line chart so we only have current price and previous closes) and looking very promising indeed.
A close above $1.60 would open the path to $1.80 and beyond:
STEEMAUD
Similar story against the Aussie as we're trading back above $2 AUD and above last week's closing highs. Close up here would target $2.25 and $2.50:
Remember this indicator and code are public on Tradingview, so anyone can use or modify (but please give credit where due). I could use some help to improve it too, so give me a shout if you know your way around pine!
Thanks guys, enjoy the rest of your weekend :)
Team Aus footer by the amazing @bearone
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Steem has shown some progress lately. The usual $1.20 price tag of some weeks now seems to be gone. 1.4-1.5 seems to be new normal.
Good to see Steem going from close to a dollar to more than $1.5 and that's more than 40 % increase in value if bought low.
Let's see where it goes. I'm hoping for a stable $4 at the end of this year. More will be better.
Yeah pretty stoked. On the downside though, I just paid close to $180 AUD for 75 STEEM lol
I'm sure one this will seem like a good move.
Hope so Choo :)
Things should start getting better as soon as the price of btc starts being more stable. Even if steem price drops it's still growing due to the more traffic and people, it's just dropping due to spikes in other currencies
This is an excellent news about steem and looking forward for its prizes to continue to rise.
I certainly hope your predictions are good fingers crossed, cheers mate
Hi! @bulleth
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Should of accumalated more under the $1 mark, haha thanks for the post OP!
It's interesting that the price spread between Poloniex and Bittrex is .28 USD and the % of trading volume has switched heavily to Bittrex lately as its been more reliable for Steem trading.
I'm curious if Poloniex re-enabling Steem deposits and withdrawals could cause a dip as traders try to sell at Bittrex and buy at Polo to take advantage of the discrepancy.
like it very much
From where i can trade with steembtc,usd?
This is just an indicator I made that uses historical Bitcoin and forex data to make synthetic STEEMFIAT charts :)
Excellent news Bulleth - excellent! Fortunately Community News has been able to buy a little on the dips - now off to the Moon!
To infinity and beyond!
Nice charts, thanks. Not sure if the AUD chart is too relevant to technical analysis trend lines, but the others are showing strong technical indications of a breakout above resistance so it looks a great time to buy more STEEM :)
It seems Steem is on the Verge of a Break-out and should test ATH pretty Soon.
Steem will be reaches to 5$ soon because its background is very interesting and strong team working.
Soon we see 3.10$ steem
Steem rocks @bulleth
Nice charts! Upvoted and followed. I am also a trader, so if it will be interesting to you, you can visit my blog. I gave short STEEM analysis four days ago. Thank you, have a good day!
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Steem is highly undervalued... Should raise much more... Dont waste time and buy some!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by bulleth from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
Not a lot of buyers. Most buy orders are placed below 1.30 so I think the smart move is selling here if you have any liquid STEEM. I don't have any liquid STEEM otherwise I'd sell :]
go go steem :)
Steem looks undervalued especially if you look at the long term chart. Considering it's pretty much in a class of its own (blockchain social media) it should be able to differentiate itself from the altcoins that are more or less of clones.
Exactly, such an innovative platform. Way undervalued.
Where is it best to buy and to sell? blocktrades? bittrex?
Does bitshares deal with STEEM?
And what about SBD?
Bittrex is the most liquid market so you will probably get the best price. Both SBD and STEEM are on Bitshares too though :)
Interesting post. Following and upvoted and thanks again for following! :)