STEEM PRICE TRENDS USING THE STEEMIT OSCILLATOR

10 / 17 / 2016
THE ME-TARZAN STEEMIT OSCILLATOR Developed to hopefully help to identify steem price trends . Only time will tell how well the oscillator will work . The oscillator is a @me-tarzan proprietary system .
How does it work : The BLUE LINE is the actual oscillator that can move between 0 and 100 . The lowest reading is 0 and the highest reading is 100 on the oscillator . The PURPLE LINE is the steem price . The GREEN LINE is the bull bear line . When the blue oscillator line is above 69 ( GREEN LINE ) for several days the trend for steem price should begin an uptrend . When the blue oscillator line is below 69 ( GREEN LINE ) for several days the trend for steem price should begin a downtrend .

ME-TARZAN STEEMIT OSCILLATOR
BLUE LINE = ME-TARZAN STEEMIT OSCILLATOR
PURPLE LINE = STEEM PRICE
GREEN LINE = OSCILLATOR BULL BEAR LINE

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SUMMARY
If you study the chart you will see that the oscillator has only been above the bull bear line for one day at a time . I think if the blue oscillator line can get several days above the green bull bear line we could begin an uptrend . As you can see the oscillator has been in bear territory for awhile now .

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It is strongly recommend that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary or the ME-TARZAN STEEMIT OSCILLATOR used here is for illustrative and informational purposes only.

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