First of all my last post:
and then we take a look at the current chart, like last time in the year:
The Steem is still fighting with the downtrend line, will he be able to break them?
This is an exciting question.
Should the Steem break now the downtrend line their is much space for increasement, see the chart below, who shows the long-term downtrend since 3 January 2018:
You can clearly see how much higher this downward trend is, currently at about $ 1 per Steem.
If the Steem would now brake the downtrend that started in April / May 2018, who is in the end an acceleration of the long-term downtrend from January 3, 2018 to, their would (at first) be space until approximately 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.