STEEM Update: A Possible Scenario
Given the slightly lethargic nature of STEEM, and seeing how the handle is developing, I'm discerning that a second but smaller cup & handle could form (purple line). I've seen this in stocks that were also lethargic in their price movements. Regardless, what is time but a figment of our imagination and that's all its needed for STEEM.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
I'm on board with this bad boy. It didn't even flinch when almost all other coins did early this week.
Great analysis as always Haejin. I agree that Steem prices will start raising some time soon. In addition, the launching of the Steem's app will for sure give some pressure on the increase of prices.
thank you for the steem update. When you get a chance on ETH and Stratis update. Thanks again..
Here is the ETH update, please use only to augment your due diligence.
https://steemit.com/bitcoin/@haejin/ether-eth-update-what-would-a-bullish-scenario-look-like
Here is the STRATIS update, please only use to augment your due diligence.
https://steemit.com/bitcoin/@haejin/stratis-strat-update-wave-ii-done-yet