J.S {Steem} Warning Signals And Breakdown . Technical Analysis Last Update ( STEEM/BTC ) Price Action -- Side Swing Trading Patterns . BreakUp-BreakDown

in #technical-analysis9 years ago (edited)

J.S Steem Technical Analysis Last Update ( STEEM/BTC ) Price Action -- Side Swing Trading Patterns . BreakUp-BreakDown
steembtc2df14f.png

The Last price action and Side Swing Trend Patterns have probability of continuing sideways and you are looking at BreakUps & breakdowns through the swing movement .

J.S Steem Technical Analysis Last Update

the low volume moves the swing price inside the channels is something that you may already see it - .
This side trend channel provides support - resistance and some small price action zones.

The side trend is fortified by Tree levels of resistance . {If you can see these (a) (b) (c)} ,
creating the foundation for a Trade system , if the price BreakUp of the channels , Depending on price action you can apply this technical analysis of support-resistance . To prepare if an early warning signal of the price drops extremely significant and a breakdown may be imminent. ..

{JS}

Sort:  

Can you make one with an upwards trend please :)

I'm fine with it going sideways for awhile.

great post, i'm really trying to improve my knowledge in this area and this post helped alot!