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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #60, "Some things are worth fighting for,,," Sept 30, 2016

in #steem8 years ago

From a technical perspective this looks like a screaming buy spot to me. I am not sure if Steem will trade like a stock because of the dilution aspect, but this is the kind of setup I love to see on a stock chart for an entry. Buy buy buy!

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My sense as well. With the recent reports of Steem transfers and the percentage of available liquid Steem is very similar to what happened before the launch up from 25 cents a few months ago.

News + Liquid Steem decrease + development = bullish

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