STEEM looks like a strong buy on the daily chart

in #steem • 3 years ago

STEEM looking like it has a good buy setup on the daily chart

After running up over $1.40 STEEM has cooled off and is ready for it's next leg up.

It found support in the $.80's and several technical indicators are now in oversold conditions.

Check it out:

image.png

(Source: https://www.tradingview.com/chart/?symbol=BINANCE%3ASTEEMUSD)

If you have some spare change laying around, it might be a good spot to pick up some STEEM.

While I am not sure STEEM is quite ready to take out those recent highs, it does look like a 20-30% spike is very possible, if not likely, in the coming days and weeks.

Stay informed my friends.

-Doc

#steemit #crypto #charts #trading #investing #life #thoughts
3 years ago in #steem by
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     3 years ago 

    Another good insights and suggestion for the ones having any liquidity at all at this moment in time. Thanks for sharing!

    Namaste :)

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       3 years ago 

      Well hopefully it gets another surge. It is depressing to see it dip back under $1

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