STEEM/BTC: H4/D1 TRADING ON HITBTC (01-22-2018)

by @steemitnoticias January, 2018.

Important note: this is a small amateur analysis from my point of view of what the price can do. I am not an expert in trading, it is only a contribution for those who may be interested or entertained. Not insentient, I promote, nor convince anyone to market with this pair. Your interpretation and what you want to do is your responsibility.

the price is still in bearish trend soon to reach a support area, currently, has a great bearish pattern with red candle that exceeds the previous green candle, thus taking the power and strength of the trend. the areas marked in red, indicate the possible arrival of the price and consolidate in the next hours. which oscillates between the price of 0.00040btc. I would wait until it ends up going down completely in all those areas. The price can move and create a lateral range there, for hours or days. As I have always thought and we all know. Trading is unpredictable.

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Steem/BTC H4

Steem/BTC D1