Price forecast for day traders (BTC, STEEM, ETH)steemCreated with Sketch.

in #cryptocurrencies • 7 years ago (edited)


Lets take a look at the charts..

BITCOIN

Bitcoin is trading within the wedge. Probable patterns shown. I personally favour the bullish pattern and it sets up larger upside scenario. Bears would need re-enter the market strongly here to have a chance.

STEEM

Steem looks like trading within a larger two tiered range. Eventual resolution to the upside is most probable however we might need to test the lower rising trend line first. I try to avoid trading in the middle of range/congestion area.


ETHEREUM

Ethereum has put in a strong reversal pattern and is on a tear. I expect a pullback to the ema in this congestion area followed by continuation higher. Once again the bears would need some serious red candles to gain the momentum.

 

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#bitcoin #ethereum #trading #steem
7 years ago in #cryptocurrencies by
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