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RE: Submit a Story $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #22 "So am I still waiting." Aug 21, 2016

in #steem8 years ago

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The price seems to be totally respecting the resistance and support.
With the price being on the support level and the volume being low there should be a bounce incoming, at least another round of accumulation in this zone.
There is also a fair chance of another drop into another accumulation area, although more and more unlikely as the sell volume is slowly but surely fading away.

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Seems like a great time to buy if you have any faith in the idea.

I agree. Steem will most likely go up and down repeatedly then go sideways for a bit and then go waaaay up and then crash only to repeat the same song and dance again and again. God bless altcoin, I love you so much for being volatile it's how I make a living.