Hi Folks,
Today, I was approved to join the Steemit community and am excited to share my passion in trading with you all. My background is in the equities markets, options spread trading and Real Estate investment, but I believe Bitcoin and Blockchain technology (ETH) has the greatest potential. The below charts are my opinion of some projected targets for STEEM, Bitcoin and S&P500. I hope to share my insights with others with similar interest and look forward to your feedback and suggestions.
Chart #1:
The below chart is for the price of STEEM and currently in a consolidated trading range (0.90 to 1.80). In anticipation, if price closes above the Ichimoku Cloud (purple), a target of 1.80 again and above can be expected.
Chart #2:
The below chart is for Bitcoin (BTCUSD), and it is currently in a bullish uptrend with target at 5000 is within sight ahead.
Chart #3:
The below chart is for Ethereum (ETHUSD), and smiliar to BTC it is also currently in a bullish uptrend with a target to 400 with a potential of a double top ahead (long term view HODL).
Chart #4:
The below chart is for SPY ETF (S&P500) and a closing price below 50 SMA (red) a possible further downside to support level at 240 can be anticipated.
Comments are always welcome!