STEEM update 26.10.17
Two days ago I saw a bearish pattern in STEEM and made a post about it:
https://steemit.com/steem/@ew-and-patterns/steem-update-24-10-17
This is the result right now:
It does not make much sense yet, but for STEEM to rise significantly in value, BTC has to drop in value or stay @ the same level. I will come back to this phrase in 1-2 months.
For now I expect BTC to rise and STEEM to drop more.
Next STEEM update will be when green wave 4 is likely done.
If you think this to be useful information:
DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post.
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.
Tell me what you think...
Have a nice day :-)
Resteemed :-)
Danke für deine Unterstützung ;-)
Oh come one, not so negative.
#Zapple launched recently, so we have our twitter clone. Also the STM tokens are coming soon. So that could increase the value a bit.
Then BTC has climbed a lot this year, so if their's a bubble. BTC would be far worse off then Steem.
You look wrong at these analysis. STEEM has to find its bottom price to bounce of it, so people know what are the limits of this cryptocurrency. Then steemians will trust more and more keeping the price higher to find its new sky limits.
These analysis are highly optimistic!
very well put my friend ;-)
In fact it would make sense if people is selling their alts to stock BTC until SegWit2X. Same thing happened before Bitcoin Gold.
seriously following up your post to know what next. nice one
yup. That's what I see too
img credz: pixabay.com
Nice, you got a 10.0% @minnowbooster upgoat, thanks to @ew-and-patterns
Want a boost? Minnowbooster's got your back!
intéressant message bon contenue thanks for charing
seriously following up your post to know what next. nice one
Thanks for the update. I think steem will do well in the long run.
Sneaky Ninja Attack!!
You have been defended with a 7.58 % upvote!
To help keep my Jōki (蒸気) power strong I rely on the townspeople of Sōsharumedia (ソーシャルメディア).
I was summoned by: @ew-and-patterns.
I have done their bidding and now I will vanish...
woosh