The "Holy Grail" When it Comes to "Steem/USD" TA
You gotta love the Tradingview platform. Not just because of the excellent charting tool it offers but also the plenthora of posted trading calls made by its various users. Some of them are regulars on the scene there and quite well respected. I love checking out what people have to say whilst pressing that play button to see how their predictions turned out. Suffice to say, they're usually wrong and by a long shot. However, I believe I've found the ultimate analysis to flip our frowns into one humongous smile. The thumbnail should say all that needs to be said, really speaking.
User "Cryptocubic" is the latest in a bunch of new updates relating to the price of STEEM/USD in the foreseeable future. From the lines and metrics drawn up on his chart, he seems to have identifed a hidden pattern and thus expects a 140,000% move to the upside! Putting us at round about $300 per STEEM. Pretty tasty figures, right? To the moon and beyond! But wait, it gets better...
How would you feel about reaching $20 STEEM first? Well, fear not as he has foreseen us getting there by posbbily as early as October! Yes, you read that right. Less than two short months away. Feels good, doesn't? I gotta admit, I can't really make head nor tail of how this user arrived at these outlandish predictions by merely looking at the chart myself. But then again, maybe his levels of genius far exceed mine.
So ladies and gents, there is still hope for us yet. Watching the spiral in price drowning a slow painful death into the pits of Hades, is apparently nothing but smoke and mirrors. The "real" move hasn't happened yet and it's an explosive move to the upside, making insta-millionaires of us all. Can't wait to press that play button come October time to see how much money I'm in. Chances are, I'll be rolling in the isles... :)
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lol! Can you imagine powering down at 18 cent STEEM and then wake up one day to the mother of all green candles at $20 STEEM! Man, I hope this person proves you wrong :)
If that ever happened to me? I'd be looking for the nearest high rise to dive off of... Head first. :)
1$ will do for starters :)
haha. I love how our expectations have dropped with the price :D
Lol, my sentiments exactly. :)
It would be incredible if this happened. All of those who lost faith and cashed out would really be kicking themselves. Anything can happen in crypto.
$.18 Steem ($.87 SBD) seems so artificially low, even with all of the business blunders.
Time will tell what happens. I'd be thrilled with $5 Steem at this point.
Lol, $5 would be a dream. But I'm a little skeptical as to how accurate this guy's charts are. :)
It’s sometimes fun to dream. If it hit $20 there wouldn’t be enough hotels in Bangkok to hold us all! Lol
Lol, nicely put! We'd probably be having Steemfest 5 and 6 at the same time next door. :)
It’d be epic. Are you guys going to make it this year? Unfortunately, Raymi and I will be missing it two years in a row.
Sadly, us too. STEEM price certainly don't help either, lol. Hopefully the next one. :)
He must have stash of Steem ;)
The only certainty in the market dinamics of steem is that the @steemit account sends 800k steem per month to exchanges.
At the current rate that stake will be sold in about 3 years. So we should expect a positive long term trend after that...ok, so I am going to call it...$16 steem by the second part of 2022. Wait a minute, we are probably going to be in a bear market by then (half way between hardforks in Bitcoin).
All right then, lets say $16 steem somewhere around 2025...dammit this crystal ball is getting murky.
Well, I'm preferring that crystal ball in the GIF. :)
Lol at $300 steem... Some people just have their heads in the clouds.
Lol, and they ain't coming down anytime soon. :)
If only they were right
Predicting markets is like trying to predict the Irish weather. But lets make this interesting where do people think Steem will be on October 5th? My guess 32cent STEEM 98cent SBD
I'd say between 10-15 cent. Let's see who's right. Obviously I'm hoping you are. :)
LOL! At $20 Steem I'd be a millionaire. Well, staked millionaire anyway haha. OMG Are you telling me I'm going to be stinking rich by Autumn?
The mighty "Cryptocubic" has spoken... And so it must be! :))
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