Steem on the way up!

in steem •  6 years ago 

First of all my last post:

My last Post

and then we take a look at the current chart, like last time in the year:

Steem160219.JPG

It's clear that the Steem has increased significantly since my last post, alone almost 8% in the last 24 hours. The Steem has taken quite some momentum and is now just ahead of the downtrend line. Can he break this now or will he fall back again?
This is an exciting question and should the Steem actually break the downtrend line, there is clearly room for improvement, as shown in the following chart, which shows the long-term downtrend since 3 January 2018:

Steem160219-2.JPG

You can clearly see how much higher this downward trend is, currently at about $ 1 per Steem.

Indeed, if it would actually brake the downtrend started in April / May 2018, who represent an acceleration of the long-term downtrend from January 3, 2018 their would be (at first) space to around $ 1.

Note: I do not recommend anyone to make investments on the basis of my post or to refrain from doing so. I have created this post for entertainment and pleasure only.

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Hey, you were above me on this week update on @paulag redfish power-up league. Congrats

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Thank you, to be honest I don't looked till now :-)