Chart Duration - 4H STEEM/BITCOIN BINANCE RISK LEVEL: 3/10 (Less means, Less risk) Key Points 1. Bottomed out at 11820 SAT Key level from where it jumps back heavily. Excellent buying zone (check 18 sept 2018) 11820 strong resistance if broken good sign. 2. Fibonacci on 4H, touched 127.2 FIB, 127 is always a good reversal point. 3. RSI very good around 30-35 (OVERSOLD) 4. MACD good buying signal 5. MFI money flow in 6. STOCH - reversal expected. 7. Good fundamentals - twitter.com/steemit/status/1060623599235723269 8. SteemFest Global Gathering 9. TestNet 15.1.18 Steem Smart Media Tokens
BUYING ENTRY : 11400-12000 (Buy in Parts) SELL TARGETS : 12730-13200-14290-15000-16700 STOP LOSS : 11000
Recommedation : Focus more on first 3 targets if short term, if long term holder wait for big targets
Time to reach Targets: 1-2 Weeks for 1st 3 Targets & 3-4 weeks for rest of the targets.
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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