As seen on weekly chart, STEEM broke previous triangle formation and later also 20k support. Now 15k level is acting as strong support, has been retested several times. If STEEM won't hold this, I expect it to visit levels around 13k.
Trade idea:
- short entry at 49k
- target at 13k1 (will watch how it will behave around this level and adapt if necessary)
- stop loss at 15k9 (just to avoid initial spikes, can be lowered later)
Weekly chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade idea:
- short entry at 49k
- target at 13k1 (will watch how it will behave around this level and adapt if necessary)
- stop loss at 15k9 (just to avoid initial spikes, can be lowered later)
Weekly chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Transaction en cours
Note
Edit typo: entry price was 14k9 of course, not 49k :)STEEM did a pullback to 0.382 and is now fighting 0.236 level on downside.
Note
And 30 minute chart:Note
Target changed to 13k25.Trade fermée: cible de profit atteinte
Successful trade.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.