STEEM - We are consolidating in a triangle

in #steem7 years ago

Hello all,

The STEEM is currently consolidating inside a Triangle pattern and a Break Out is soon expected :

STEEMUSD.jpg

As you can see, one of the line of the triangle is our previous support line. I think we have more probabilities to have a UP Break Out but no one can be sure at 100% so the safer way is to wait the Break Out and follow the trend...

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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Cool! Let's wait and see...my strategy is the same for this coin anyway hehe

Does anyone see steem going up past $100?
If there are more smart media tokens and new ways to burn steem and millions of new users shouldnt the price go up?
Don't get me wrong, if steem hits $100 I will not power down, but for sure I will start cashing out maybe half of my new rewards coming in and try to get my financial freedom.

There are many ways STEEM can reach $100 mark: People/market understand STEEM is faster, scalable, secure than BTC, LTC even ETH; Bigger exchanges- STEEM is not yet listed in three Big B exchanges (Bitfinex, Binance, Bithumb), but its companion EOS is there; larger-userbase- currently we have 0.6M userbase, we can have 6M in a year with easy signup process; STEEM can rise on speculation due to being target of next most Airdropped target coin (e.g. VICEcoin).

People are talking can STEEM rise to $1000, $2000 or even $3000.

That will really take time

Yes easily but it requires marketing and SMTs.

Maybe Steem will touch again the 7 value and then revert again..

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This consolidation is making a base for a big jump!!!

I hope this jump can really happen soon

Looks like a great buy for today!

A nice bullish break out of that triangle would do the trick to get momentum back into the market! Maybe a lot of accumulation happening now? So far I have seen some bearish price action on the formation of those 4hr candles... we hold tight and wait for the breakout.

Thank you for this informative post, Really helpful and well written @cryptopassion

I'm a big fan of your work and have learned a lot from you... Would you be able to check my analysis on GOLEM? Might be valuable to you...

GOLEM - Analysis (350% POTENTIAL PROFIT)
https://steemit.com/bitcoin/@benkalashnikov/golem-analysis-218-potential-profit

Screen Shot 2018-01-15 at 22.05.18.png

That is true. Never invest what you can't afford to lose :)

Thanks for the heads up! Fingers crossed we go up and inspire more people to join us here!

Thank you for the update - I think Steem will have multiple breakouts in 2018, both bullish and bearish.

It's an uncertain time for cryptos, but the good ones will do well this year.

Thanks for your TA @cryptopassion ! UPVOTE + Resteem

I like this triangle! Yeah we can't really really predict anything but let's hope for the best :P

Very interesting!
Thank you for sharing.

hope will rise

Thanxs for info sir...

Wow...this is really the future. Great inovation. Thanks.

You guys should watch out for Steem, is the next big thing, with no transaction fees most people will consider using Steem to other cryptos like Bitcoin... $100 in a bit.

i believe that Steem will bomb up! i love steem :)

Thank you for your post @cryptopassion! I think soon Steem UP to $10 again.

Good analysis. Let’s hope you are correct!

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Massive breakout yay!

So if I continue making 0.01 for post I am doing well finally

thanks for sharing

nice info

profits are good!

The fundamentals here are spectacular, but I'm not sure I'm as positive about the TA. It looks to me like a downturn coming, based strictly on the chart.

I've got bags to fill; I'll be happy either way~

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Hope can be a reference and order for the users of steemit. Thank you for posting. Your post will be a valuable lesson for everyone.

Fingers crossed for an upwards breakout @cryptopassion :)

How much influence do you think BitCoin market cap changes have had on the recent SBD price changes?

What will be happening in future??
Do Steem Dollar will be back to 10$ or not??
Or the Steem will get the position of Sbd?

you @cryptopassion tired me about talking & posting steem
posting about btc if you understand the btc chart

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