You are viewing a single comment's thread from:
RE: Steem continues the nose dive, steem dollar consolidating - TA 16th September 2016
Great analysis, I have been watching as most people have with great interest. Thats quite a good chart might have to open a poloniex account!
thank you, just keep in mind that there are accounts holding insane amounts of steem like @steemit, they can change the picture any moment they want and send the price spiking up. I have a feeling they might take action if they feel it's time to take it up. If you analyze the trades further it's mostly @steemit with huge sell orders that is sending the prices off the cliff. A good piece of advice if you intend to sell would be to put stop loss at break even as soon as you get a safe distance.
it was over 1.50 dlls p/steem and I calledt hat it will go down 0.20 cents p/steem, I am .34 cents away from my prediction now. hurt the whales not buying steem power and then they will try to do something but maths do not lie, Steem is mathematically unsustainable, inflationary, and also very well MILKED.
time will tell, let's see
Definitely this week steemwill hit .30 cents.