Steem's Scraping the Top of the Descending Channel

I'm sitting here, watching a drug documentary and the chart of my favourite drug, Steem.

Steem's currently scraping along the top of the descending channel it's in. The question is, will it hold it's current price, or even rebound a little, to get out of that descending channel?

If it does, that might be a sign that maybe it might increase in price a bit.

But that doesn't necessarily mean that it will recover it's price. At least not to any significant degree. It just means, maybe it might have a chance. It could just go sideways a bit and then back down. Or it could just suddenly start going up.

Cryptos are a fickle beast after all and I'm no crypto shaman.

I can just watch the charts and hopefully see what I need to make the right decisions to make some money in crypto. Most of the time lately it's just to increase my holdings. I'm sure I'm unbelievably down when you regard FIAT value. When it first started going down, I was fighting to maintain my FIAT value with the help of trading. I actually managed to do pretty well for a while. Now I don't even bother...or even want to try to find out how much I've lost in FIAT value. I'd rather try to just keep as much crypto as possible and grow my sack.

I often use the order book in my trading. Large orders, if they aren't moved, can hold up the market and form resistance. Of course, they can also be blasted through.

Right now, it seems like some of the big players have removed their large buy orders in the immediate vicinity. There's not a huge amount of resistance to go down...at least a bit. Overall, that's a bit. Those light green masses add up to quite a bit of coin. But it's not 40k or such. It seems like perhaps they too are waiting to see what Steem will do.

Will Steem continue to scrape along that upper defining line that I drew along the descending channel, then plunge into the abyss? Or will it maintain it's price, or even increase dramatically, and break through the ceiling?

Trading isn't that hard. It takes a lot of patience and control of your feelings. You can call those feelings FUD or FOMO, or whatever. There is a lot of anxiety and fear when trading. Sometimes you can feel your heart beating up in your throat. You have to master these emotions and learn different patterns in the market and occasionally bet that it's going to react how you think it's going to react. To make money trading, you have to use a lot, and possibly risk losing a large portion of it. But, for that, you can increase your holdings quite a bit. Sometimes, depending on how much you're trading with, it might not even be worth it compared with a normal job. But most jobs you can't do by just watching a chart and occasionally typing in numbers.

Do tons of research and be responsible for yourself.