Steem as a Cryptocurrencies has come to stay. Creativity via content creation makes you and I to own some potion of steem and sp including trons.
Trade steem now
The price of steem could increase if trading steem on exchanges would be encouraged.
Looking at the price of steem/btc on binance it gives a clear opportunity to earn more of steem by trading. @cryptoacademy is doing wonders by teaching people how to trade Cryptocurrencies and everything concerned with crytpo. So, I would be focusing only on steem. This would bring an indept analysis to trade this coin for scalpers, entra-day traders.
It's a thing of joy to analyze the market and to provide signal on the market direction.
Today's analysis
4 hours time frame
Looking at the first image shared here from 4HRS you could see that the market has given us a doji candlestick screen colour.
The next forming candlestick after it is developing a bullish candlestick.
Doji candlestick say "There is possible reversal".
The price has come to retest level 0.0001118 but the bulls came and retained there possible.
The possibility of the market to continuously trade upward it 70%.
Daily time frame
Daily time frame has developed a strong bearish candlestick, however, the bulls are going to score some points. Just like the tug of war, the bulls will not move immediately downward onless there is market manipulation or news.
On a normal market movement, the possibility of the market to rally up a from the earliest hours of the market opening is 65%.
1hrs
This time frame has given a strong crossing of the moving averages which I'm using for my analysis.
So. It would be encouraged to mark your own confirmations too before you enter the trade
Trading the financial market has great risk of losing your money.
Steemit to next level.
CC: @steemcurator1
CC: @steemcurator2
CC: @focusnow
CC: @bright-obias
This post has been rewarded by @bright-obias from @steemcurator04 Account with support from the Steem Community Curation Project."
Keep posting good content and follow @steemitblog for more updates. Thank you, Steemit Team!
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Thanks steemcurator4.
It wonderful to hear from you.
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