Technical analysis by Crypto2AF about Symbol STEEM on 12/22/2024

◳◱ On the STEEMUSDT chart, the Supertrend Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.3086 | 0.3589 | 0.4556 and support near 0.2119 | 0.1655 | 0.0688. Entering trades at 0.2187 could be strategic, aiming for the next resistance level.◰◲ General Information:▣ Name: Steem▣ Rank: 504▣ Exchanges: Binance, Huobipro, Gateio, Mexc▣ Category / Sector: Media and Entertainment - Content Creation and Distribution▣ Overview: Steem is a blockchain database that supports community building and social interaction with a built-in reward system to incentivize individuals making subjective contributions. ◰◲ Technical Metrics:▣ Current Price: 0.2187 ₮▣ 24H Volume: 37,295,184.283 ₮▣ 24H Change: 12.096%▣ Weekly Change: -15.43%%▣ Monthly Change: 2.14%%▣ Quarterly Change: 14.21%%◲◰ Pivot Points:▣ Resistance Level: 0.3086 | 0.3589 | 0.4556▣ Support Level: 0.2119 | 0.1655 | 0.0688◱◳ Indicator Recommendations:▣ Oscillators: SELL▣ Moving Averages: BUY◰◲ Summary of Technical Indicators: NEUTRAL◲◰ Sharpe Ratios:▣ Last 30 Days: 2.18▣ Last 90 Days: 1.58▣ Last Year: 0.36▣ Last 3 Years: 0.16◲◰ Volatility Analysis:▣ Last 30 Days: 1.70▣ Last 90 Days: 1.16▣ Last Year: 0.89▣ Last 3 Years: 0.98◳◰ Market Sentiment:▣ News Sentiment: N/A▣ Twitter Sentiment: N/A▣ Reddit Sentiment: N/A▣ In-depth STEEMUSDT analysis available at TradingView TA Page▣ Your thoughts matter! What do you think of this analysis? Share your insights in the comments below. Your like, follow, and support are greatly valued and help sustain high-quality content.◲ Disclaimer: DisclaimerThe content provided is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and consult a qualified professional before making any financial decisions. Use of the information is solely at your own risk.▣ Explore the Power of Charting with TradingViewUnlock a wide range of financial analysis tools, data, and features to elevate your trading experience. Take a tour and see the possibilities. If you decide to upgrade your plan, you can receive up to $30 back. Discover more here - affiliate link -