Steem consolidating
Steem is consolidating within the ranges that are expected.
Just above $0.43 could be considered a nice entry.
What is really positive is the rising OBV. It tells us that overall interest is rising and people are accumulating steem. This is why I stay bullish as the price consolidates.
I think the recent rises above 50cents have also made people less likely to sell for the current prices. If you know it has been 20% higher a few days ago, your are psychologically way less likely to sell for 43cents compared to when it would have been there for months.
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It's nice that it didn't dive straight back down. Feel a lot more confident around here at the moment and we have been seeing a lot of progress happening too.
Posted using Partiko Android
Yes
All we need is for some of this purchased Steem to get powered up!
Posted using Partiko iOS
I feel the terrain being prepared for the next bull run, and I´m not alone!
Yea it is!