After several weeks of tracking a bull flag in the STEEM/BTC pair we have finally broken through resistance. If the signals are correct, the target price is above the top of the chart. We are also seeing a bullish outside reversal candle which adds more weight to a trend change.
Price Analysis: STEEM Bull Flag Finally Breaks North Target Doesn't Even Fit On Chart
After several weeks of tracking a bull flag in the STEEM/BTC pair we have finally broken through resistance. If the signals are correct, the target price is above the top of the chart. We are also seeing a bullish outside reversal candle which adds more weight to a trend change.
But what does this mean????????????????????????????????
More fundamental info here:
Beyond the STEEM Whitepaper – 1. Blogging and Curation Rewards Fund; Steem Backed Dollars Creation
Beyond the STEEM Whitepaper –2. Where the money come from; New Users DO NOT Increase the Value of Steem (yet)
Beyond Trading – The Medium Term Fundamentals. 1. – 7.29.2016
Solution to the Curation Rewards
Fact of the Day! “93.44% of ALL (Liquid) STEEM comes from…”
Great analysis i agree completely thanks for your perspective @dashpaymag!
I'd love to know your thoughts on my indicator here if you get a chance
https://steemit.com/technical-analysis/@ausbitbank/usdsteem-and-usdsbd-experimental-indicator-conversion-timing-assistant-new
nice information @dashpaymag
may soon go to the top ?
Nice video, but a little late, since the bull push up already happened over a day ago :p
Trying to get the word out to boost the value of the steemit platform with our many talented users here. Take a look at this proposal if you have the time Decentralized Steemit Marketplace maybe this will inspire and bring some great users who never feel they wish to write or blog but still have a unique talent to share
How do you explain steem didn't go up when BTC went down ? We lost as much as BTC lost didn't we?