STEEM Price on the Rise - Is a Breakout Imminent? - Daily Analysis

in #steemit8 years ago (edited)


Good news today on the charts. For both the 30 minute and the 1 hour both give a nice positive outlook for STEEM today and if this trend continues, further as well


The Bitcoin price continues to slump in the short term, contributing to the rise in terms of BTC


For those who use Cloud-Trading: 

The chikou span popped above the cloud and price on the 1 hr as well as a kumo twist with the Tenkan-Sen and Kijum-sen crossing high inside the cloud, a great medium strength bullish signal.


Increasing popularity continues to draw new faces to the great platform of Steemit

Familiar large scale content providers from Youtube and other social media mogals are quickly adopting it 

Continued demand and use of Steemit will gear large companies to invest in Steem Power for advertising on the growing social media site pushing the price in the coming future


Check us out here or Twitter and be sure to follow for speed of the light active data you can run with.

@CryptoNEWScoins

Editor in Chief - Digital Assets News

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