RE: On his way to ZERO, Steem fail near $1

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On his way to ZERO, Steem fail near $1

in steemit •  9 years ago 

I think 1.00 is the low . Lack of liquidity drove the price way up and now it is settling in. The next low from here would be .39 but I think it is stabilizing here

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9 years ago by

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      ·  9 years ago 

    stabilizing !!
    actually I don't see any stabilizing here.
    The price is just going down and down without any resistance

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        ·  9 years ago 

      @ashold882015 agreed we do not have alot of price history yet. I actually posted that comment for @andre-ager to look at based on his price talk.

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          ·  9 years ago 

        Please look at the charts in my post today. I've been charting for over 10 years as an equity trader. Steem just confirmed another bear flag pattern today commencing another leg lower.
        https://steemit.com/money/@scaredycatguide/steem-btc-downward-pressure-continues-with-another-bear-flag

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            ·  9 years ago 

          You are right about technical analysis But this is not a 10 years chart .
          So fundamental analysis still leading any move.

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