Go long on STEEM??? by quant01

View this thread on: hive.blog | peakd.com | ecency.com

steem · @quant01 · Aug 27 '16

$0.04

Go long on STEEM???

Hello,
the spread STEEM/BTC collapsed @0.0015. This is the target for the short term trading.
Now it's possible that the bearish trend is over...

STEEM/BTC (4 h chart):

http://i.imgsafe.org/1b2a01e84d.png

In particular we think that the trendline's breakout (in blue) could be the signal... Go long only after this breakout.
We'll update in the next days...

Best

👍 helikopterben, jimmco, nxtblg, quant01

`author`	quant01
`permlink`	go-long-on-steem
`category`	steem
`json_metadata`	{"tags":["steem","bitcoin","trading","investment","speculation"],"image":["http://i.imgsafe.org/1b2a01e84d.png"]}
`created`	2016-08-27 15:41:27
`last_update`	2016-08-27 15:41:27
`depth`	0
`children`	4
`last_payout`	2016-09-27 16:51:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.029 HBD
`curator_payout_value`	0.007 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	366
`author_reputation`	152,354,141,988
`root_title`	"Go long on STEEM???"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	1,014,119
`net_rshares`	68,460,225,087
`author_curate_reward`	""

properties (23)vote details (4)

voter	rshares	pct
nxtblg	1,834,600,749	100%
quant01	115,200,255	100%
helikopterben	45,766,079,242	100%
jimmco	20,744,344,841	100%

@cire81 · Aug 27 '16

@quant01 Are you aware that in order for TA to hold true, it must be supported by sufficient volume of trading. At the moment, there isn't enough open volume traded. So there could be a possibility of further break down the price level of so call support if someone with a heavy volume some selling. Do trade with caution.

👍 steemit-life

`author`	cire81
`permlink`	re-quant01-go-long-on-steem-20160827t154405887z
`category`	steem
`json_metadata`	{"tags":["steem"],"users":["quant01"]}
`created`	2016-08-27 15:44:06
`last_update`	2016-08-27 15:44:06
`depth`	1
`children`	2
`last_payout`	2016-09-27 16:51:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	322
`author_reputation`	99,228,490,804
`root_title`	"Go long on STEEM???"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	1,014,166
`net_rshares`	3,558,552,030
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
steemit-life	0 B		3,558,552,030	100%

@quant01 · Aug 28 '16

Hello cire, we agree with you. Volume is a good indicator in particular on the crypto.
As you wrote: "trade with caution"... Totally agree

👍 cire81

`author`	quant01
`permlink`	re-cire81-re-quant01-go-long-on-steem-20160828t213736143z
`category`	steem
`json_metadata`	{"tags":["steem"]}
`created`	2016-08-28 21:37:36
`last_update`	2016-08-28 21:37:36
`depth`	2
`children`	1
`last_payout`	2016-09-27 16:51:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	138
`author_reputation`	152,354,141,988
`root_title`	"Go long on STEEM???"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	1,033,088
`net_rshares`	158,886,028
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
cire81	0 B		158,886,028	100%

@cire81 · Aug 31 '16

Seems like Steem is still heading down these few days. There isn't any buyer support it seems.

properties (22)

`author`	cire81
`permlink`	re-quant01-re-cire81-re-quant01-go-long-on-steem-20160831t201116112z
`category`	steem
`json_metadata`	{"tags":["steem"]}
`created`	2016-08-31 20:11:15
`last_update`	2016-08-31 20:11:15
`depth`	3
`children`	0
`last_payout`	2016-09-27 16:51:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	94
`author_reputation`	99,228,490,804
`root_title`	"Go long on STEEM???"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	1,075,515
`net_rshares`	0

@nxtblg · Aug 27 '16

Thanks for your opinion. We'll certainly see, won't we?  As of now, it bouncing off the 0.00155 level. Could be a good entry point? I don't know, but it looks good enough for a leg-in.

properties (22)