Support levels are nice. But in my opinion Steem should be a sell. Steemit has been around for a while and even tho i like to use it sometimes, it has mayor flaws in the system. ¨
- the use of steemit is in a decline overall.
- Everyone who use steemit, do it to earn cash, not to spend cash.
- there are bots and exploitable systems who gives certain people advantages on others expense.
I feel steem price is only driven by new investors trying to make it big and speculators on the price. if new investors stop coming to the network we will see a crash eventually. And we are already seeing a decline in activity.
Thats just my 5 cents on Steemit and steem.
thx for your commet, valid Points good reseach