steemit bitcoin technical analysis

of its trend defining 200-day moving average. If the entire cryptocurrency market comes under pressure, the pattern may have a higher probability of reaching its full downside projection. The daily time frame clearly shows a bearish breakout from a rising wedge pattern is underway, which could signal further losses for the steem / BTC pair over the medium-term. Specifically, none of the information on this website constitutes, or should be relied on as, a suggestion, offer, or other solicitation to engage in, or refrain from engaging in, any purchase, sale, or any other any investment-related activity with respect to any transaction. Technical indicators on the mentioned time frame have turned heavily bearish and continue to signal further losses ahead. The macd indicator has turned bearish on the four-hour time frame with both the macd signal line and histogram signaling further losses. Steem hot forex has a neutral medium-term trading bias against Bitcoin, with price now moving back towards the pairs trend defining 200-day moving average. Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The macd indicator on the daily time has turned bearish and has scope for further losses. SMT it will most likely continue to slip down the charts.

So here we have the full history.
Steem bTC, first I want you to get.
Steem Steem is moving sideways after the nice surge a few days ago.



steemit bitcoin technical analysis

The volume is lower over the last 3 days by penguinpablo. Hey Guys so yeah I am not a professional by any means. I am sharing my views based on whatever I have learnt about TA by jsonkidd. Hey everyone, As I said just last night to buy the dips bitcoin bounced straight of the trend line continuing to by vynchy.

The project has faced many issues since the start of the bear market. Conclusion, steem is starting to come under downside pressure against Bitcoin, with the four-hour and daily time frames both showing bearish patterns starting to play out. Steem / BTC H4 Chart (Source: TradingView pattern Watch, traders should note that if the bearish head and shoulders reaches its full downside projection, a much larger bearish head and shoulders pattern will take shape. Therefore Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data. Relative Strength Index, the RSI Indicator on the daily time has turned bearish and is trading below neutral for the first time so far this month. All CFDs (stocks, indexes, futures cryptocurrencies, and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Also - pivot points levels for Standard, Fibonacci, Camarilla, Woodie's and Demark's are supplied. Nothing on this website constitutes, or should be relied on as, investment advice or financial advice of any kind. Steem / Bitcoin Medium-term price analysis. You should never make an investment decision on an investment based solely on the information on our website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data,"s, charts and buy/sell signals contained within this website.