Quick STEEM update 14.10.17

in #steem7 years ago (edited)

The expected wave up (black 4 from yesterday) is completed. How do I know it? Watch this last 1 hour candle:

mcfEBjoQ.png
PaM6AEGz.png

And down we go... I expect the resistance to be @ 14000 satoshi. This could become the final panic low needed to end this downtrend.

Actually I hope for a quick dip under the resistance, which will be bought on massive volume and a big green 1hour candle.

I have my full buy limit at 14015 satoshi...

Stay tuned. This will be interesting...

image (5).png
If you think this to be useful information:
DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif
image (5).png

DISCLAIMER: I provide trading ideas using EW and Pattern analysis. 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 are. The author of this post is holding positions in this market at the time of this post.
If you make any trades after reading this post it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Tell me what you think...

Have a nice day :-)

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Watch the STEEM/BTC chart !!! Beautiful selloff ;-)

UPDATE: I don't like how this move down looks right now. Could be a very short failing 5 or a very strong move down, longer than expected (into monday/tuesday). I'll post an updated chart tomorrow. Have a nice weekend.

NEW MICRO COUNT IDEA:

upda.JPG
This is not confirmed yet...

UPDATE: STEEM taking its time again. I think it is going up on more time before the final collapse...

Thank you for the update :)

Calling @originalworks :)
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Looks good!

What is 14015 satoshi in USD approximately?

79 cent @ current price of BTC

Bought some extra yesterday at 0.97$ and plan to buy some more if it goes for under 0.00015 BTC.

Thanks for keeping us updated!

Well predicted, think you might be write about the the final drip before the rise. Steem has just started to face down hill again for last two hours!

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