We are seeing a perfect double bottom in the STEEM/BTC chart. A beautiful pattern, which is also in sync with my count:
The correction also did retrace between 50% and 78%, which is the standard wave 2 target for a correction.
STEEM/USD is also looking bullish:
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. 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 (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
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Doubl bottom? hmmmm I think it it seen only by those, who very much want to see it
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Open your eyes and see it yourself
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Well, as always, since ♨ has no life on its own, it all depends on what BTC is doing.
Nice chart art though - I especially liked the straight yellow line - it looks impressive! 😀
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Okay
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.
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it just like a tringluar form and price try to breakout from triangle's trendline. And i also expect third wave. Have a nice week my friend.
https://steemit.com/steem/@cryptoewp/sbd-usd-ready-to-return-for-a-new-bullish-trend
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ryan wildtrader mentioned for longer term, fib pinball ew plays out and target would be much higher by the summer in tripple digits, his previous predictions where correct aswell. it depends if you count a 1.2 i,ii or a 1.2. well yreah with only 1.2 target would be even higher then 160$(log scale). What makes you think steem would go down to 1$? How sure is it we get 1$ steem? this would be awesome!
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The second chart is from an earlier post. STEEM does not need to go down to 1$ anymore. As is already wrote the bottom could be in. I made this prediction because the last STEEM rally started from 1$ level.
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Good. @brothermic
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What could be the next possible target after it?
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It is a new world for me but super interested in learning from it! I follow you
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That wave 3 target looks beautiful. Depending on the release of SMTs we may even see far better gains.
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The sky rocketing I’m expecting any day now . Steem and SBd took a pretty good hit down in the last couple of weeks
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Good job, and great work.
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hope for Bullish market if you bought already.
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Deine Analysen sind wirklich oft auf den Punkt genau, beeindruckend..
Wie lange arbeitest du schon mit Elliot Waves?
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Seit 6 jahren sind Waves und Pattern meine Mittel der Wahl. Indikatoren benutze ich sogut wie nie, weil sie "laggen" also dem Preis hinterherlaufen.
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Thanks for the update!
Are you seeing a likely $15 odd price, in a 5 wave impulse ?
Long term should do well also?
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Longterm will be awesome. My STEEM target for late 2018 is the 162% extension which equals 14$.
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Sounds good to me, what are some of your favorite picks?
I do like Steem, LTC, BTC, EOS, TRX..
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I like those too. But I don't hold real BTC though (I use some BTC derivatives sometimes), because the percentage gains in other coins are more attractive to me.
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Its funny must agree there, everyone goes crazy for BTC however gains in other coins are now much better.
Although I have a small amount encase it hits some insane amount.
Also have some CVC, XVG, BTS and few others, hopefully the market will start trending upwards soonish..
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Good post
Thanks for sharing this important post
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I like the yellow line ;)
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I hope, Lord have heard you. And you forecast will became a reality. 📈📈📈📈
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Bin wieder am Start hatte keine Zeit für Steemit die letzten Tage aber jetzt bin ich wieder da :)
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Hi, i like your posts thanks for sharing us. I have a question, i have some sbd do you think am i should convert it into steem?
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I also have a lot of SBD, but I will not convert it until the exchange rate is much better. I expect this to happen in the next 3-12 months. If you can wait and don't need the STEEM or the money, I would not do it now.
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Yep! The upward yellow line is an inevitable possibility. Given the outcome of today's G-20 meeting, I must say, it's gonna be big
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