STEEM is Welcomed Back With an Unnatural Pump

in #steem6 years ago

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Hey guys,

Earlier in the week, we talked about when the STEEM bottom would be in:

STEEM/USD Hourly

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We really need a hard V shape reversal at the bottom.

Unfortunately this wasn’t it.

But was this?

STEEM/USD Hourly

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There’s your V shape bounce, with a perfect retest of previous short term resistance turned support.

These sorts of pumps obviously aren’t natural and never last, but it looks nice after yesterday’s blockchain going down.

Peace ✌🏻.




@forexbrokr | Steemit Blog

Forex and Crypto Market Musings.

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It seems there are a few different coins that have had a similar pump. XRP going through the pump now. Interesting times.

I saw there was some piece of XRP news, but I didn’t read on as I have no interest in the coin.

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Hope it lasts for a little while 😄 Day 6

I don’t think we should hold our breath...

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