You don't need to upvote me.. just read.. if it helps let me know.. thank you.
Click to zoom
You need to learn when to swap between STEEM and BTC for max gain.
Firstly, there is no guarantee on price action hitting any price, we can only spot the highest probability setup.
Steem/btc to break the 0.00085 region.
Until the pink x is broken we should not assume short.
Short term blue trendine is broken, possible corrective long till horizontal orange line.
How can this chart be beneficial to you?
You need to know when to swap Steem with BTC and vice versa for maximum gain in conversion.
The chart reads at 1 steem is trading at 0.00079 BTC
Example:
When 1 steem is trading at 0.0006 BTC if we expect steem to appreciate, swap your BTC for STEEM.(Getting STEEM at cheap price)
When 1 steem is trading at 0.0009BTC and we expect that to peak out, we might want to swap it back to BTC.
Does this make sense to you?
Disclaimer
*I am no guru...
*These chart and infomations provided are my personal view and ideas on the market, use it at your own risk.
*Trading is risky business. You and only you are responsible for your trades. Do trade with caution.
*Trade with money you can afford to lose, not the money you and your family needs to survive on.
*Trading is all about consistancy, there is no holy grail that takes you straight to heaven.(let me know if you have found one)
PS: This is not my usual charting software and this is my first few times charting out cryptocurrency, but I have quite a few years experience in charting forex and stocks. Chart wise is the same methodology , fundamental wise I can't comment on it currently but crypocurrencys are maturing.