STEEM
Technical Analysis
Technically it looks like things are going to get rather exciting over the next few days..!!
Current STEEM = 0.00031431 BTC.
Thanks again for reading.
Stephen
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I see a downtrend line. Doesn't seem so exciting.
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Looks like it's just broken out of that descending pattern. Price on Bittrex is now $1.66
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I only look at the bittrex price now
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Yeah buddy! Excited to see what the future holds for us!
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Locked and loaded..!!
Shared on twitter. Stephen
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I'm surprised Steem is at $1.50 right now. All time high? We're making moves, people!
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Nah, it's not all time high. It has been to ~4$ before.
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Stephen - could you kindly elaborate on what your technical analysis is? We all want to STEEM to succeed, but I don't think there's any information here to help anyone make a solid judgment on if this is a bottom or not. As @davebrewer said, it's just a downward trendline showing the current price.
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he will never, he'll just say it's his proprietary algo...it's rubbish...
ofc we all want steem to succeed or we wouldn't be on here. it's damn near irresponsible to just post charts with predictions and no analysis but "BUY OPPO"...
we would all appreciate an explanation...educate us if you're going to post that people put their money into something for christs sake
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Glad to hear another confirmation that I wasn't nuts. I don't even see a prediction, but for STEEM's sake, I hope it does do well. Just need a little more time to accumulate my stake, so price please don't rise toooo soon.
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Charts are voodoo, and they do not work in the cryptocurrency market, due to the simple fact that the market as a whole is way too small and could easily be manipulated by a small few.
Pick a few coins and tokens you truly believe in and love, and then sit tight... that's all there is to it! Nothing more... and nothing less. 💰
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i haven't fully decided whether this is true or not. nearly anything financial can be manipulated though, i 100% agree with that.
i'd like real content to be upvoted instead of posting a chart that looks like its from the days of geocities just saying buy buy buy.
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It really looks like amazing time ahead @stephenkendal! I've noticed a rise in all my payouts today, wondering what's more to come!
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Really look forward to that!
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but poloniex doesn't support anymore i guess
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The next Steem price jump will surprise a lot I think...
Will be fun to watch it go!
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@stephenkendal I think $2 is inevitable and impending... But it'll be the beginning... Thanks for the heads up.
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I think there's a long-term investment case to be made for Steem. Unlike many other coins, Steem has a tangible use for many people. It is only when traders turn their attention to is we will see big movements in its price.
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I don't think Steem will go up for a while I think it has some time before we see another outbreak...I could be wrong but its not something I want to bet on... I gave you a follow please follow back! check out my Bitshares article! Graphene is taking over!!
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Very good post, I like @stephenkendal the best post..
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