Near-term STEEM Price Analysis Indicates Rising Bullishness!
Over the trailing week, the STEEM price action has charted a fairly consistent pattern -- every two days since May 12 of this year, the price "bottoms out," sparking a new mini-rally the following day. The cycle repeats itself, but with one small twist -- each subsequent bottom or dip is higher than the prior dip.
Essentially, this is a trend that market analysts commonly refer to as "higher highs and higher lows." The asset charts a bullish channel that continues forward until a fundamental shift in the markets occur.
The next day in this particular channel is May 18. Will we see a higher dip against the prior one on May 16, or will the STEEM price finally slip? Watch my video to get my thoughts on this present dynamic!
There's a lot of good stuff going on with Steem. This is some good analysis.
Thanks
@shayne
I appreciate that, thank you! :)
This post is looking bulllish.
This post is also looking like money.
Resteem...
There seems to be a lot of power in Steem... @pocketechange
I would definitely agree with that!
How high could the price go? $10? $20?
$2.00 first!
Great info about Steem price and market movements. Thanks for sharing!
For sure, thanks for watching! :)
Awesome.
:)
hold on to your steem guys :)
Yup, now is probably not the time to sell :)