Something I noticed on today's STEEM/USD price chart

in steem •  6 months ago

I am not a technical Analyst but noticed something on the daily STEEM chart today that I want to share.
Based on past performances, every time we had a bearish pin bar at a low point (bottom?) with high volume, the price changed to an uptrend shortly after.


Screen Shot 2018-04-03 at 14.02.55.png


This might doesn't mean anything but I am currious to see what will happen in the next few days and if this pattern is indeed a sign that a new up trend is coming.

Lets wait and see, this is no trading advice!

All the best!


tarekadam.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Its non routine jump dont know how it will go.

According to Coinmarketcap, STEEM leapt up; as I write, it's $2.04

So, for your theory, it's so far so good.

Thanks for sharing your observation and opinion and in my opinion you are right and hopefully we can see an uptrend and in my opinion this positive changes occurred after the Hivemind update by the SteemitBlog. Let's hope for the best and wishing you an great day. Stay blessed. 🙂

Another pump awaits i guess :D

We will not know what will happen in the future. But at least we can slightly predict the future.

Let's wait for the change of better future :)