STEEM ($STEEM) getting its ass kicked today in Trading - Is it a buying opportunity?

in steem •  7 years ago  (edited)

Well all crypto currencies have seen a big draw down over the last few weeks as ICO money exits the markets quickly.

Because of that, we are seeing some nice price opportunities we haven't seen in a long time.

2017-07-10_12-39-18.png

Since STEEM broke down below the 0.000554 resistance level, it has continued down. Bouncing off 0.000525

It needs to get back about 0.000554 otherwise it might continue this new move down with all the other crypto currencies.

The order book looks positive and I know a lot of big STEEM folks have been doubling down on STEEM over the last two weeks. Looks positive for a bounce, let's see how it plays out today.

Keep your stop limits tight to ensure you don't loose what you've gained.

2017-07-10_12-44-59.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

i think must wait for 2-3 days
follow @dine77

pls do check my last 2 blogs upvote if like

UP Voted, Resteemed and Followed........I agree a great Time to Consider adding to positions on Pullbacks................

We just returned over the 0.000555 level which is very positive for a bounce here. Amazing price to pick up STEEM.