Steem coin price analysis

in #steemit • 8 years ago

Here's my technical analysis on the price of Steem coin.

The chart shows a clear picture of a bull flag.

What is a bull flag?

A bull flag is a pattern showing price will most likely skyrocket in the future.

Here are a few more examples of bull flag

#steem #steemit #coin #cryptocurrency #chart #cryptocurrencies

8 years ago in #steemit by
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     8 years ago 

    I think common sense and logic supports the technical analysis here. Recent events have me believe that the run will be sometime this week.

    I've written about the same topic in relation to our competitor, the ethereum network, about to pop like a bubble - and the future for Steem when this event happens. https://steemit.com/steemit/@spookypooky/why-you-should-get-your-lunar-suits-ready-for-steem

    Thanks for the analysis!

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     8 years ago 

    What's your response to those who view chartalism similar to astrology?

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       8 years ago 

      The chart doesn't lie. The chart recorded down the price of real people put their money where their mouths are.

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