STEEM - And the STEEM is again in the run but be carefull with that double TOP
Hello all,
Here is the chart of yesterday :
Here is the current chart :
As you can see on the chart, the STEEM is doing a nice UP today, and continuing its progression of the last days, ignoring the correction that we experienced yesterday. However, look the chart that I drawed today for you : Be really carefull with that double top pattern. We need to break that line very soon or if it si not the case and that we start to drop now, it will be a very bearish signal...
I wish you massive profits,
Cryptopassion.io
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Thanks for the steem charts. Stay all green all day my friend.
It looks like we will have again a green day again.
Dear @cryptopassion
Personally I'm not sure if STEEM can ever reach such a high levels. Previous records may not matter much. Simply because of introduced Resource Credit.
Could you imagine how very few new users Steemit would have if price of 1 STEEM would be worth at least 4usd? who would spend 200usd to power up to at least 50 SP and to be able to only "test" this platform.
Selling pressure would be enormous (coming from current stake holders) and buying pressure would hardly exist.
Wouldn't you agree?
Yours
Piotr