RE: Go long on STEEM???

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Go long on STEEM???

in steem •  8 years ago 

@quant01 Are you aware that in order for TA to hold true, it must be supported by sufficient volume of trading. At the moment, there isn't enough open volume traded. So there could be a possibility of further break down the price level of so call support if someone with a heavy volume some selling. Do trade with caution.

steem
8 years ago by

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      ·  8 years ago 

    Hello cire, we agree with you. Volume is a good indicator in particular on the crypto.
    As you wrote: "trade with caution"... Totally agree

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        ·  8 years ago 

      Seems like Steem is still heading down these few days. There isn't any buyer support it seems.

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