- Trybe TV – Bitcoin Technical Analysis: RUNNING OUT OF GUPPIES – by Workin
- EOS Technical Analysis: THE BULLS HOLD ON…FOR NOW
- Trybe TV – Bitcoin Technical Analysis: WAITING FOR A NEW TREND – by Workin
- Trybe TV – Bitcoin Technical Analysis: PRICE BREAKS DOWN…NEW LOWS OR BEAR TRAP? – by Workin
- EOS and Ethereum Analysis: PRICES DROP…NOW WHAT?
- Trybe Tv – STEEM (STEEM/BTC) Technical Analysis: WAITING TO BREAK CONSOLIDATION
- Trybe TV – Bitcoin Technical Analysis: PRICE MOVES AND RETAIL INVESTORS GET WISER – by Workin
- 08.28 – Bitcoin: Reaching critical supply zone
- 08.29 – EOS: The bulls keep running
- 08.29 – STEEM/BTC: Can it continue to rise?
- 08.29 – DASH: Reaching a decision point
- 08.30 – EOS: Is EOS done correcting?
- 08.31 – Bitcoin: Reaching a crossroads
- 08.31 – BitShares: The next few days may get interesting
- 08.31 – EOS: Prepare for anything
- 09.02 – Bitcoin: Shorts flood the market
- 09.02 – EOS: Unable to break resistance… yet
- 09.02 – Ripple (XRP): Ripe for a breakout
- 09.03 – STEEM: Support in holding… For now
- 09.04 – Bitcoin: Approcahing the Apex
- 09.05 – EOS: Is a breakout looming ?
- 09.05 – Bitcoin: This drop was no surprise
- 09.06 – EOS: The bears take over
- 09.06 – Ethereum: Is Ethereum nearing bottom ?
- 09.07 – Bitcoin: Bitcoin drops… now what?
- 09.07 – EOS: Bottoming out or look out below ?
- 09.09 – Bitcoin: Don’t get comfortable
- 09.09 – EOS: The bulls throw a punch
- 09.10 – Bitcoin, EOS, Ripple (XRP) and Ethereum
- 09.11 – STEEM: Is this a buying opportunity ?
- 09.12 – Bitcoin: Larger move may be coming
STEEM has been consolidating between 13,100 and 12,100 satoshi for the past month. A decisive break below could send price falling to at least 11,400 satoshi and possibly as low as 11,000 satoshi.
The daily Bollinger bands continue to severely bottleneck.
Zooming out on the daily chart, we can see the POSSIBLE makings of a cup and handle pattern. It’s clearly much too early to tell. I won’t speculate on the degree of likelihood at this point.
In today’s video analysis I discuss, where price may go from here, areas to consider lattering into a position and MUCH more. I hope you find it helpful.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!
Disclaimer: I am NOT a financial advisor and this is NOT financial advice. Please always do your own research before investing.Your Remaining Votes (within 24hrs) : 10 of 10