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RE: Steemit Crypto Academy Contest / S9W1 - Steem performance in 2023
In my opinion, investing in Steem now is very much recommended.
Technical analysis does favour adoption of steem but fundamentally steem seems weak compared to other cryptos .
An FVG (Fair Value Gap) have been created in the market and the price is expected to cover the
Could you please help me in understanding it better . What it means ?
i have a target of celebrating club dolphin before the end of this year and that will mean me having 5,000 so by december.
vow that's 2x increase and I wish all the best .
Good luck
Fair value gap occurs when there are inefficiencies in the market. That's when there's a high pump or dump that results in the creation of imbalances. The market usually ensures it closes those gaps especially when the force behind their creation have died down.
Thanks for taking your time to go through my post.