Technical Analysis STEEM/BTC (May 2017)

ingloriousaction (55)in #steem • 7 years ago

STEEM has had a great rally this past week with 300%+ gains. With BTC growing massive support with a possible rally towards the 2000 USD mark, STEEM with all other alts would correct back to their 1st support levels. STEEM would possibly correct to the 33-35k sat support even before its next move upwards.

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If you would like me to do a technical analysis for any particular coin let me know about it :)

#steemit #cryptocurrency #trading #money

7 years ago in #steem by ingloriousaction (55)

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pitterpatter (62) 7 years ago

Upvot 100% and a big thank you. Keep up your HQ posts. Our community needs you and applauds your content/information.

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ingloriousaction (55) 7 years ago

Thank You for those kind words :)

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lazariko12 (67) 7 years ago

Thank you for sharing this analysis, @ingloriousaction!
Upvoted & Followed you as well :)

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ingloriousaction (55) 7 years ago

Thanks! Followed you too :)

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esperanza7 (25) 7 years ago

Thanks for sharing your insight. May I ask what is the benefit of using SQZMOM_LB? Thank you.

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ingloriousaction (55) 7 years ago

Its primarily used to identify the Momentum Sqeeze where a low volatility market could lead to a squeeze in either direction of the market.

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