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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #128, Dec. 11, 2016.

in #steem8 years ago

Tuesday is going to be an interesting day. Up to 8 times more steem than before could be powered down that day, which is the one week mark since Hard Fork 16. It will be interesting to see what happens at 11 AM on Tuesday! If there is a lot of sellers, hopefully some buyers will be there too, figuring that this might be the last time to get steem at this low price.

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Good observation. I wish I could be as optimistic about buyers waiting to enter the steem market as a result of tomorrow's events but I'm not. No trading steem for me until the dust settles on change, meaning show me 3 or 4 matching support levels after tomorrow.

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