It doesn’t take a genius to read charts..

in #steem8 years ago

SBD/STEEM actually 1:1 with moment.

CD90DAA4-B26C-4B43-8E8D-EE12A80A13F2.jpeg

Even on the exchanges:

D7A589A4-2D2B-474D-9ABB-CE536A92D1FC.jpeg

But it doesn’t take a genius to see:

EBB4B958-4A00-4463-9A42-48D50A31CAC2.jpeg

That we will be trading lower and sideways for a good portion of the year. That is unless we heard some good news, or changes, or anything in regards to this crypto coin.

Perhaps there are surprises in store, but without them it could be the $1.50 range for STEEM.

Such is life.

Sort:  

not a great trend for sure

Congrats, you made the #steemitminute for today!

Click the Image Below


haha thanks! Yes it will always be a question if we or I am a team. Thanks for the shoutout very cool and wish you success on your steemit endeavors!

hopefully we hear some good news and the charts reverse! but youre very right in that the charts are pretty clear - without some news intervention its not looking good at the moment.

best thing to do is just keep producing quality content and ride out the crypto wave!

My staged SP topups started today.

Just a little to start, but I certainly wouldn't rule out 1.50. When it's vested, it loosens the blow.

I wouldn't be too surprised to see the whole cryptoverse go more or less sideways until late spring/early summer... Just what I've been thinking lately and we all know what opinions are worth!

Not sure whether to double down and buy more steem or start powering down...

Coin Marketplace

STEEM 0.04
TRX 0.33
JST 0.100
BTC 64828.59
ETH 1882.16
USDT 1.00
SBD 0.38