STEEM is a Baby Bull
Happy Birthday Steem! You've seen some highs and recent lows. But here's looking up from now on.
Almost one year old, STEEM may have seen it's all time low from which it has bounced a few times now. A modified Schiff Pitchfork shows us a slow BULLISH channel moving forward. Fibonacci levels ahead also show some attractive historical price action.
Technically speaking, tentatively BULLISH .
Fundamentally speaking, the blockchain is new and there continues to be innovative projects discussed and released including SteemPhotos and Busy. And those are just the beginning. Steem has an engaged, diverse, and creative community. It's transactions are instant. Despite any growing pains, it continues to show potential.
Personally speaking, I am BULLISH . The platform continues to show increased usability and the community continues to attract new members whom create new content not only for crypto-enthusiasts but for a variety of public interests.
What will happen? We shall see.
All the best,
Jacob TS
What is the Steemit date of birth incidentally??
I think it's March 24.
Excellent. I better get some beer money saved up!
I'll cheers to that!
interesting analysis
I was wrong about price but Im still BULLISH on STEEM.