If we assume STEEM will start to rise from here, here is a trade idea:
- entry at 13k1
- stop loss at 12k4 (bellow longer term support)
- target 1 15k5 (previous high)
- target 2 17k (38.2% Fib level)
- final target 19k9 (bellow psychological resistance 20k and close to 61.8% Fib)
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
- entry at 13k1
- stop loss at 12k4 (bellow longer term support)
- target 1 15k5 (previous high)
- target 2 17k (38.2% Fib level)
- final target 19k9 (bellow psychological resistance 20k and close to 61.8% Fib)
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
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Forgot to update this one. Stop reached :(