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RE: STEEM - Upper again than the resistance/support line
Hey! I have recently gotten involved with STEEM in the past few days, as I can see from alot of past videos and hype, the platform used to be quite an aspiring innovation.
I see some potential in the blockchain side of things, but id like to know more from your perspective about where you see STEEMIT is going to in the future?
Cheers ✌️
If you want my opinion on a Technical Analysis point of view, we are in a very big consolidation pattern but the last weeks are showing some nice indicators of the possible start of a new UP trend. Now, it is the case of most of the Altcoins. I would say that if BTC starts to increase again, we could see the STEEM goes test his previous tops also around 7$. Previous low and highs are always targets for traders so except if the crypto world stops, I think we will test it again at long term view.
Thanks for the prompt response 👍 I guess it's best to stay positive and hope for the best outcome haha, thanks again for the insight :)
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You welcome ;)