Dear Diary: Cryptopie's STEEM Chart Price Pattern Analysis
Today STEEM's price is hovering just over 5K Satoshis, still cheap price for a platform token that everyone should be considering of investing on or buying (my strong financial advice). There is a chart pattern of a jagged up and down of an almost higher highs and higher lows.
If the pattern would continue then it will make another run-up from the current pricepoint of 5200 Satoshis. The price of Bitcoin is influencing the price so if BTC would inch higher then we can finally see STEEM's price to much higher as well.
The current price of steem based on its pattern is due for another leg-up because of its pullback price from 5552 Satoshis on Poloniex so this is just exciting because Bitcoin is ever so bullish and so with alts trailing on its back the future of steem is also getting better every single day.
So if you are bullish on BTC you should also be bullish on STEEM for the long-term perspective at least and the chart comparison doesn't lie, it is just a fact that we must consider that they are both correlated with their price.
Bro master ka pala trading
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I have become bullish on STEEM, however, i must recognize that it is more psychological than logical