Cindicator Question: Steem recovery?
Well.. unfortunately, our beloved crypto STEEM (along with everything else...) seemed to take a bit of a dive overnight (European time). A sudden 10 percent plunge into the red was a bit of an unwelcome morning surprise... but not unexpected either.So, the question for the STEEM Cindicator question is essentially, will STEEM recover against BTC. A good amount does depend on the performance of the headline crypto Bitcoin, however, the last week or so has STEEM performing well despite what was happening withe rest of the ecosystem!
So, I'm going out on a limb here. I think that this is definitely a recoverable position! However, that said... all my cautious growth predictions this week have taken a sudden overnight pummelling....
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Thanks for the update on this, though I have no clue about the ups and downs, but once a while to get some informations about is kinda reassuring.
Well.. STEEM is pumping like crazy at the moment... no idea why, but it is great news!
Yup, I'm happy about that too! lol
I'm liking the recovery from last night to push the price back above 0.0001 BTC. I said if Steem could hold that price over the weekend I expect the push up to the next higher level early this week.
Don't know if the bulls will become exhausted from pushing the price back up after the BTC dip, but I'm remaining optimistic.
It's pushing higher! I saw a big buy wall last night, so I took the opportunity to set a higher sell limit. I woke with the two orders filled!
It's pushing higher! I saw a big buy wall last night, so I took the opportunity to set a higher sell limit. I woke with the two orders filled!
All that we can do is to hang in there and to hope for the best my friend. Thank you for the well detailed post!
Blessings!
Well.... things are going great this week for STEEM! It's good news, but how long till the correction?
Have fun while the sun shines for the rain will always come my friend!
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