STEEM - Still between our 2 lines - Break Out soon

in #steem4 years ago

Hello all,

We are still in the middle of the 2 lines, more and more closer of the resistance line :


You can see that the Bollinger Bands are just parallel, which means that the moves are very small. Most of the time we have this kind of pattern just before a Break Out. Let's hope the Break Out will take the good direction and will try to go break the resistance line in red.

I wish you massive profits,

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I can see STEEM getting to a base feed price of +$10 in the next 6-12 months. This will be great for cash flow if I can increase my investment before then. I'm really looking at the overall market cap for the crypto market and 2.5 billion seems very reasonable for STEEM this year. That's about a 3x move from here! Thanks for the post! I'm excited to see how things go in the next few months!!

need to break the 12000

Helpful info, but I believe you are most likely correct with your prediction, i came up with similar prediction.

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Time to go for moon 😃

All kinds of chats, updates and analysis but steem keeps dipping.

very nice man. Tell me, how much do you think that grafic analisys can show the future price of bitcoin?

Wow this is very good news to me for giving new website to sell SBD.I am really so happy to know this information.
Follow upvote has been done

If a take a bazooka, we might expect to make a hole on the resistance line and go to the range of 4$ and beyond ;)

I have the resistance line a little bit lower in my own TA of Steem, but i do agree with you that Steem is most likely going to break out soon (with the BTC pairing as well as the Dollar), and, is at a good entry point. Thanks

Can’t wait to be back at 6

Bollinger bands are stretching and bitcoin is rising. Steem will follow and will pop hard.

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BTC is rising but yet not we can't see any improvement of steem rate.The last of the month this rate of SBD is panic for us.But i hope it rising as soon possible.Thanks a lot for your valuable post

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