Hello there,
My name is Remy and I am a technical analyst and a forex trader on and off for the last decade. And I still enjoy analysing.
So I must admit, I have been peeking at the Steem chart and thought by myself to share me thoughts on it.
Why am I posting this at this moment?
I do believe that Steem is at the point to make a reverse up. So buying now would be lucrative especially for the long term.
let me explain...
Every trend move has a certain structure according to mister Elliot wave. Who ofcourse made a theory out of it. Every cycle consists of 3 impulsive and 2 correction and after that move is completed it retraces at least 38.6% back from the top.
Behold!
So the conclusion...
Steam is at point 4 and has yet to complete the 5th wave. So nice buying moment right?
Thanks for reading and I'll probably post some more in the future.
Take care!
I would hope so ;) thats why ive been buying up!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great read I definitely want to get more before the new hard fork occurs.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'll hope it works out for you!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very much thanks for the positive feedback ! Appreciate it :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @remyr! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit