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RE: STEEM Price Analysis – December 14, 2016

in #steem8 years ago

Thanks David,
Good job. I've never really gotten the hang of TA, though I've dabbled in EW and have some understanding.
I sold into the spike, trading for ETH, so did quite well one some of it. Sold some for BTC too. Very happy with those trades. Now I have some layering under these levels if we go down more, which I still suspect we will. While powerdowns may have diminished, it's still a lot more volume that can be powered down than a few weeks ago, so I expect the downward pressure to continue for a few months. But, I'm just thinking out loud... no TA here.

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STEEM 0.17
TRX 0.13
JST 0.027
BTC 61297.02
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SBD 2.59