Day 16: Why All You Steemit Users Should Be Euphoric

in steem •  4 months ago

STEEM ADDED TO HUOBI EXCHANGE PUMP. Steem, the native cryptocurrency of this platform, is straight pumping. Up 25% on the day and and beautiful looking triangle forming on the longer time frames. Click the video above for the youtube video explaining all the TA and FA.

3D chart on Bittrex

Screen Shot 2018-04-25 at 8.32.49 PM.png

There is a really nice hidden bullish divergence as well on the 12h, this shows the RSI oscillator making lower lows but price making higher highs. Hidden divergences = signal possible trend continuation, in this case the bullish case is going to continue. Definitely shows strength of the trend and is considered a good entry/ re-entry into this coin. My plan is to add more by looking for a retrace and buying the dip.

Also, take a look at the volume, if that isn't enough confirmation then I do not know what is. Volume precedes price. Volume precedes price. Volume precedes price.

12h chart on Bittrex

Screen Shot 2018-04-25 at 8.38.36 PM.png

Cheers,

Andrew

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