You are viewing a single comment's thread from:

RE: STEEM update 28.10.17

in #steem7 years ago

You are very bearish my friend :(

I don't use Eliot Waves for my TA so it is difficult for me to comment your TA but my opinion is that if we don't break the long term support line, there is no drama :

STEEMUSD.jpg

Take care.

Sort:  

I know this picture in STEEM/USD. I actually supports my analysis quite well. I think we will see a short break of this trendline at 85/80cents and then a huge buying spree all the way up to over a Dollar again. This will hopefully start the next upmove.

I use STEEM/BTC chart, because the waves are clearer and cleaner than in STEEM/USD.
Thank you for your support. Take care.

Yeah I think also all this will finish with a "Head Fake" followed by a massive buying volume. So, even we are using different indicators, we are kinda aligned.
I wish you the best in your trading ;)

Coin Marketplace

STEEM 0.22
TRX 0.25
JST 0.039
BTC 95945.56
ETH 3335.53
USDT 1.00
SBD 3.19