Community post
STEEM GOOD NEWS...
Finally after few attempts steem is breaking the down moving trend line and confirmed break will be bullish. After a clear break if we a higher low that might be best place to add more steem.
Price is also breaking strong resistance of 3.50 area and trying to stay above it.
If you like it please upvote it and resteem it and comments are welcome.
NOTE: I am not a financial adviser and this is for education and entertainment purpose only. This is not a trading advise and just my opinion, please trade at your risk and do your research.
Replies (8)
Consider more than just the numbers of one coin when determining a potential bull run. It is much less likely when the market is flat.
Bitcoin is looking like it could go higher. Sometimes Steem goes up with it but I think the real gains are when Bitcoin stalls after a run up and people put money into the alts. I do think that Steem looks good value, compared to many coins that don't seem to have as much going for them.
Completely Agree.. but sometime some coins out perform others. look at the gvt which i did analysis while back. trade got stopped out but there were other new entries after trade got stop out. And gvt is almost at 90% profit now.
https://steemit.com/bitcoin/@parindafx/gvt-90-profit-potential-with-15-risk
yes..but if bitcoin stalls now then alt might get power to move up. Bitcoin is almost double top. I will put TA for bitcoin soon.
Looks good here, but I have a tendency to buy before confirmed breakouts...
Good to see STEEM testing resistance. Let's break through with some conviction and keep on running!
i personally think as long as one has good exit strategy then it doesn't matter where you buy its always good.
yes. Go Steem