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RE: STEEM - Support line is holding the drop
Steem broke my line in the sand at $2.33, we may go down to as low as $1.00, but agree Bitcoin will not only determine Steem's direction but the whole space.
I’m thinking $0.90-$1.50 range. If it holds these low levels for a few months I’ll be buying the whole time and will acquire more Steem Power than I thought was originally possible when I first started to invest in SP.
Good strategy because we are low on the curve, meaning price is inexpensive and this is what the big boys do, they buy low and sell high. If you are in it long term HODL, if you are just trading price you should have a target and stop less in mind.