STEEM

in #steem6 years ago

0.o look at the spike in volume from 400+ btc the day before to 5572btc 10x volume. Candles did move within the consolidation triangle zone. It halted on the first triangle before doing a break to test the bigger triangle bottom follow by a bounce to test the upper resistance of the small triangle around 1.5 zone.

On the daily chart, we are getting close to the squeeze point breakout either to the up or downside. Set some order for really low price like 0.82/steem incase of that fat finger opportunity on binance again haha. Possible downside scenario where bitcoin dominance shoot up again with price spike and altcoin money flows to btc again. Maybe the demand from bithumb maybe will drive the price up ?

Screen Shot 2018-07-31 at 11.21.11 am.png

Short term moving average (day candle) : sideway
RSI : -
SBD/STEEM : 0.829
Weekly Timeframe : -
24hr change :
Marketcap : 387m
Volume : 5572btc

Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.

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Expecting a soar in price!

what's your opinion for the soar in price ? hey you're frm sg too hi5 =)

I don't think that there's any concrete chance to see a breakout of the downtrend line. My point of view is that the price will continue to follow the major downtrend and will continue to go slowly down to $1.

yeah possible for that to happen, have my order in waiting for it

I was actually thinking about something like this today,although I didn't know it exists already. I was washing dishes and I thought, would it be cool to have something almost like twitch, but that uses the steem blockchain.

Coin Marketplace

STEEM 0.15
TRX 0.16
JST 0.028
BTC 67844.42
ETH 2429.36
USDT 1.00
SBD 2.35