Quick STEEM update 14.10.17

[ew-and-patterns]

The expected wave up (black 4 from yesterday) is completed. How do I know it? Watch this last 1 hour candle:

And down we go... I expect the resistance to be @ 14000 satoshi. This could become the final panic low needed to end this downtrend.

Actually I hope for a quick dip under the resistance, which will be bought on massive volume and a big green 1hour candle.

I have my full buy limit at 14015 satoshi...

Stay tuned. This will be interesting...

If you think this to be useful information:

DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post.
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.

Tell me what you think...

Have a nice day :-)

Comments

[ew-and-patterns]

Watch the STEEM/BTC chart !!! Beautiful selloff ;-)

[ew-and-patterns]

UPDATE: I don't like how this move down looks right now. Could be a very short failing 5 or a very strong move down, longer than expected (into monday/tuesday). I'll post an updated chart tomorrow. Have a nice weekend.

[ew-and-patterns]

NEW MICRO COUNT IDEA:

This is not confirmed yet...

[ew-and-patterns]

UPDATE: STEEM taking its time again. I think it is going up on more time before the final collapse...

[napkin]

Thank you for the update :)

[stephen-somers]

Looks good to me

[rusty1]

agree

[minnowbooster]

_{img credz: pixabay.com}
Steem is behaving weird in low voting percentages, so actual votes can diverge by up to 1 voting percent point.
Nice, you got a 2.0% @minnowbooster upgoat, thanks to @ew-and-patterns
Want a boost? Minnowbooster's got your back!

[originalworks]

The @OriginalWorks bot has determined this post by @ew-and-patterns to be original material and upvoted it!

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!

For more information, Click Here! || Click here to participate in the @OriginalWorks sponsored writing contest(125 SBD in prizes)!!!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!

[suheri]

Looks good

[abh12345]

Looks good!

What is 14015 satoshi in USD approximately?

[ew-and-patterns]

79 cent @ current price of BTC

[abh12345]

Thank you!

[costanza]

Bought some extra yesterday at 0.97$ and plan to buy some more if it goes for under 0.00015 BTC.

Thanks for keeping us updated!

[dragononcrypto]

Well predicted, think you might be write about the the final drip before the rise. Steem has just started to face down hill again for last two hours!

[randowhale]

This post received a 4.66% upvote from @randowhale thanks to @ew-and-patterns! To learn more, check out @randowhale 101 - Everything You Need to Know!

[steemitboard]

Congratulations @ew-and-patterns! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!