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RE: $STEEM/BTC Technical Analysis

in #steem8 years ago (edited)

Really appreciate you putting this together since I'm very new to trading crypto. I have some basic understandings of trading, but these chart lines help immensely for getting insight into how the market could behave.

There's a hardfork tomorrow that will remove the liquidity rewards that some whales have used as an "exploit" to gain 1200 STEEM daily. Due to the removal of these rewards (until a better system can be implemented) @jl777 was predicting the price could double after Tuesday. So, I'm betting that STEEM hits ATH by Friday. Well, one can hope anyway :)

Someone suggested you post these daily, but that might get to be a bit of work. It'd be nice to at least get this weekly, or monthly. I'm sure it'll be worth the effort!

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to be honest I don't mind posting charts on a daily basis as i enjoy making them, those the name for the account "@ozchartart" ;)
If you happen to have any questions regarding understanding or terms feel free to ask, I know on the beggining it can be rly hard to keep up with everything.
Regards, OZ