STEEM is setting up to Pump
STEEM is setting up to pump, will it follow through?
Looking at a daily chart of STEEM, it has all the right ingredients there to start heading north.
It had that big move up several weeks back, which has now fully been retraced.
The technicals, including the MACD, have all reset and now have lots of room to the upside...
(Source: https://twitter.com/crypto_lover_07/status/1248027761987354624/photo/1)
Now, all it needs is a catalyst!
With the right catalyst, STEEM could see quite a nice rally over the coming days/weeks.
I'm not sure if that catalyst will actually come or not, but the groundwork is all laid out there for a nice move up.
Stay informed my friends.
-Doc
Let's hope it takes Hive with it! Papa needs new shoes...
I've been saying Steem is heading up in the outer space since the fork happened... I don't need graphs to tell that... More people move over to Hive, higher value of Steem goes.
It doesn't require to be a rocket scientist that any bad publicity about the team will cause the value of the coin to go up like a boner. It is also common knowledge that the pumping will end in massive dumping when people cash out all the profits.
Looking good!
-@qwoyn
Hashkings Founder
Canna-Curate Discord
Hashkings Steem App
Been dumping my HIVE and HODLing STEEM with the feeling that a pump is a lot easier for a billionaire than 10,000 AOL users.
Hey I appreciate this contrarian positive view of steem. Short term steem looks like it will have more pump and dumps, engineered or not, but Hive is looking nowhere at present.
Not looking good so far, but that is crypto wide and nothing steem specific. Bitcoin fell out of bed late last night...