Steem another attempt for recovery likely - TA 03rd October 2016 by piphunters

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steem · @piphunters · Oct 3 '16

$0.06

Steem another attempt for recovery likely - TA 03rd October 2016

<html>
<p>STEEMBTC 4HR ANALYSIS (POLONIEX)</p>
<p><img src="https://www.tradingview.com/x/rOCYMYEF/" width="1184" height="680"/></p>
<p><br></p>
<p>As was expected Steem went down before stopping just a few pips away from the previous lows around 0.00069186, currently another attempt for a recovery is looking very likely now, I am expecting price to go to the upside at least a 100 pips or more now. &nbsp;It is too early to tell whether we are forming a bottom in this area but the failure to break the previous lows and attempts at recovery looks promising.</p>
<p>A break below the current structure around 0.00069466 is bad news and it should see price head to new lows below 0.00069186</p>
<p><strong>Key Levels:</strong></p>
<p>Support: 0.00069466, 0.00069186</p>
<p>Resistance: 0.00105961</p>
<p><br></p>
<p><strong>Disclaimer: </strong>The information contained herein is not &nbsp;&nbsp;&nbsp;guaranteed, does not purport to be comprehensive and is strictly for &nbsp;&nbsp;&nbsp;information purposes only. It should not be regarded as investment or &nbsp;&nbsp;&nbsp;trading advice. The author does not warrant the accuracy, correctness, &nbsp;&nbsp;&nbsp;or completeness of information in its analysis and therefore will not &nbsp;&nbsp;be &nbsp;held liable for any loss &nbsp;incurred.&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;</p>
<p><br>
<strong>About me: </strong>I specialize in trading market breakouts, if &nbsp;&nbsp;&nbsp;you like my analysis and want to see analysis in other areas like &nbsp;&nbsp;forex, &nbsp;commodities and indices you can find me in tradingview.com <a href="https://www.tradingview.com/u/piphunters/">here </a>or contact me through my website www.thepiphunter.com&nbsp;&nbsp;&nbsp;&nbsp;</p>
</html>

👍 vortac, knircky, claudiop63, dan-atstarlite, ausbitbank, tocode, lightsplasher, stevescoins, tradz, tobythecat, anomaly, maarnio, piphunters, strictlybusiness, ruma008, drac59, lafilip

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@alex2016 · Oct 6 '16

http://www.j100.ru/upload/iblock/892/8928393842d89fe018378e42f7e8177f.gif

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@maarnio · Oct 3 '16

<a href='https://postimg.org/image/55y1tagix/' target='_blank'><img src='https://s20.postimg.org/55y1tagix/Nimet_n.png' border='0' alt='postimage'/></a>

The wedge breakout is holding. Looks good for now.

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@piphunters · Oct 3 '16

yes, let's see how it goes!

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@tradz · Oct 14 '16

Piphunters! It's your b0i TradZ  I see you have been pretty active here ;)
Keep it up!

👍 tradz

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@piphunters · Oct 15 '16

hey thanks!

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