Steem Price at interesting Level
The Steemit price reached a strong previous support level and we will see shortly if the support will last or if price will break through the down side.
A Positive sign is that we saw some big stopping volume yesterday at the support level which can be an indication that the downward momentum is loosing steam and buyers moving in to push the price up.
If the price breaks through the orange line than I assume the next relevant support level is at the red line (around 0,000145BTC)
I am long term into Steem and Steemit so I don't mind much what is going on short term but will certainly consider to Power up more steem.
Thanks for your article.
We are entering a time of year when Trading in most things is thin and volatility grows. Volatility down is a good buying opportunity for those playing in the market over the next few weeks.
Thank you, yes you are right.