We had the sell call on Steem, a few days back. You have saved money on it almost 50-60%. Here is the link
Now, we are revisiting the STEEM, May be we are trying to catch the bottom :)
My conditions are 1) Price is on the support 2) Forming a flag pattern 3) RSI in oversold 4) Price above MA 5 6) MACD crossover 7) Lows are getting closer
The above reasons convince me to take a risk, So I would Buy. My Buy zone is
0.00024500 - 0.00027500
Target : 0.00055000 (100-110%)
Sl : 0.00023000 (5%)
Note: 1) BTC fall can impact the market sentiment and can impact alt price. So keep a watch of the prices and exit on sl hit. 2) No need to wait for the exact Target. You can exit if you feel the market is not in favor. Price below 5 MA is the first sign of negative.
Good luck friends.
Check my Signature for the Telegram information.
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trading at 0.00033000 SATs in Bittrex. Thats huge buy candle on daily. Do trailing sl to your targets.
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Hope you bought back on support, We are getting ready for another rally.