STEEM looking like it is setting up to run

in GEMS2 months ago

Charts signalling a rally may be on the way for STEEM

There is a lot of drama going on with STEEM, but the charts still indicate a rally may be on the way.

After getting near the top of the trading range, prices are holding up there, indicating that the next surge may be through and over the trading range resistance levels...

Check it out:

(Source: https://bittrex.com/Market/Index?MarketName=BTC-STEEM)

There are some wallets that are still down, so we aren't seeing a true trading picture for all of the STEEM participants, but as it stands right now, the price looks like it wants to go higher.

Keep in mind that this is in BTC terms, not necessarily USD terms, though hopefully both.

Stay informed my friends.

-Doc

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@tipu curate

Sad to see BlockTrades (permanently?) and Ionomy (temporarily?) shutting down Steem and SBD transfers... Not as many non-KYC places to trade Steem... or perhaps we just need to continue researching as change happens.
Be well.

Bittrex wallets still down as well...

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BTC 9208.96
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