STEEM: WTF is this?

in #steem • 7 years ago

Despite I am a convinced follower and HODLR of STEEM, there are certain behaviours of this coin which I cannot fully manage to understand.

I mean, I know that huobi, one of the most important Exchanges nowadays, has listed STEEM in their market portfolio but...

...do you think that announcement is sufficient to explain the following chart?

In a matter of couple of hours, STEEM has fallen from 3.54USD to 2.96USD (-16%) and then rise again to 3.89USD (+31%) and still rising!!!

That's f**cking crazy!

Of course, if you have followed my posts during last days, I was expecting a Breakout of the "inverted Head and Shoulder" pattern (see this post: https://steemit.com/cryptocurrency/@toofasteddie/what-is-this)...

Nevertheless I have to recognize that STEEM erratic but uptrend behaviour is really difficult to forecast...

Enjoy the STEEM uptrend Roller-coaster !!!!

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.

#steemit #cryptocurrency #crypto #beyondbitcoin
7 years ago in #steem by
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     7 years ago  

    siempre que veo eso en las gráficas, doy por hecho que algún trader le ha dado al botón de vender o comprar por error xD

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     7 years ago  

    Pues debe ser UNO pero MU GORDO

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       7 years ago  

      Not sure what happened either. Maybe 1 whale thought "sell the news" and another whale thought "nice! I will buy more"

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       7 years ago  

      So, Huobi effect then...

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       7 years ago  

      Lol...its really crazy how one minute you are glad that steem is rising and the next minute it is dropping and then you blink again, it is rising. This is a huge rollercoaster and i guess we would juts have to enjoy the ride. Haha.

      Keep steeming.
      Love,
      Queen of hearts.
      @soorefunmi

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       7 years ago  

      Agree, let's enjoy!

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         7 years ago  

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