STEEM - Real bounce or just a pause?

in steem •  last month 

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

After a new low, we are having a little bounce as I was expecting since some days now. Now this bounce is very weak and we have to see what will be the reaction when we will touch the MMA13 (mobile green line). If you see a new drop after the touch of that line, I think the purge is not yet done on the STEEM and this is currently my opinion.

I wish you massive profits,
Cryptopassion.io

Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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BARRE STEEMIT.jpg

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BARRE STEEMIT.jpg

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Hopefully it rallies 15x

it could but other altcoins will perhaps do x30 in the same time

It was fun while it lasted. See u $steem

Posted using Partiko Android

Quand on voit le Google Trends de Steemit (à son plus bas niveau depuis 3 ans) on peut légitimement penser que la baisse n'est pas terminée...
Capture d’écran 2019-08-11 à 08.59.44.png

le truc c'est que tout est lié, le pic de visiteurs pour steemit était lié au pic du prix aussi, plus le prix est bas, moins il y a de visite. Donc oui on est un peu dans une spirale infernale même si je crois que beaucoup d'investisseurs ne visitent pas spécialement le site.

Après si on suit l'adage "Buy when there is blood in the streets" on devrait sûrement acheter maintenant étant donné la chute des altcoins sur la dernière année. Le fait que de plus en plus de monde les vendent pour être quasi full BTC aurait tendance à me faire penser qu'on est peut-être pas loin du bottom pour certaines alts...

interesting where this goes

I think it is just a temporary bounce but let's stay optimist

I think it is just
A temporary bounce but
Let's stay optimist

                 - cryptopassion


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