How to trade Crypto-currency? Now Steam/BTC analysis will be every day! Technical analysis: STEEM/BTC; ETH/BTC; SBD/BTC.

in #steem8 years ago (edited)

Hi, Steemers!

I haven't been here for a while and did not give any forecasts. I was on a business trip in another country and I didn't have a good internet connection.

From now on I will be doing 3 crypto-currency analysis everyday day:
1 - Steem / BTC + 2 different.

In other words, there will be every day Steam /BTC analysis.

So here we go.


Steem/BTC

https://www.tradingview.com/x/0gCAWXmW/

It feels like that fall of Steem/BTC is unstoppable. After the breaking through the level of 0.0012875, Steem decided to try even lower levels. The demand for this currency is now weakened and we can assume that we will be a flat movement, unless some news will come.

Resume: hold, flat movement

ETH/ BTC

https://www.tradingview.com/x/SUnNjS6H/

ETH / BTC is trying to find the level of support - 0.0184. The incline level was broken earlier. I forecast the upward movement today, but it is likely to be moderate to the level - 0,021. There is also a good advice, after ETH will fall to the level – 0.015, you can safely take the volume to rebound from this level. The level is strong enough and formed long ago.

Aim: 0.0213
Resume: Buy

SBD/BTC

https://www.tradingview.com/x/qPzlesMb/

Despite the movement in a downward channel the upward movement will start soon. The strong level of support - 0.0012459, which was tested earlier, will be a base for growth of SBD. You can earn more than 8% if the currency will move to the level - 0.00138. Further, if there will be a break of the channel, SBD will move to even higher levels.

Aim: 0,001381
Resume: Buy


Dear Steemers, tomorrow there will a Steem/BTC analysis again, Monero and ETC.

Don`t forget to sign and to vote if you like what we do. We are ready to answer all your questions in comments.

Thank you.

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Looking forward to reading this analysis.

Nice analysis, here is the 1hr view of Steem and SBD in USD terms for the same period - Steem is trying to hold a usd support level at $0.62 , SBD current floor is around $0.72 .


Full size

I'm over the downtrend can we do something else now ?

thank you.
great job.
what happened with btc?

It's difficult to say, I think - external factors and people go to another currency

Thanks. This is very helpful for a new trader like myself. Keep it up.

Thank you for the technical analysis...keep it up dude !!

Price down - pick up ^

Good post i want tpo talk steemit admin how i can ??