STEEM - Price Analysis - April 19th 2018

in #steem7 years ago

The previous analysis was:

steem130418.png

Since then wave 4 has possibly finished and we started on wave 5 of which the first subwave has finished and is now being retraced. Targets for wave 5 are close to $4 and higher. The volume is increasing nicely and I expect a peak in volume which will coincide with a peak in price. If the bottom trendlines were to break, we might be dealing with a truncated wave 5.

steem190418.png

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STEEM with some many social media platforms built and actively being used should not be a coin less than $800MM and below coins that aren’t even being used yet.

I agree, definitely one of the top blockchain projects. If this truly is the beginning of a new uptrend, it is only a matter of time (months) before we reach 10$+.

Hey, just wanted to let you know I gave you an upvote because I appreciate your content! =D See you around

Thank you. Would you like to see other coins or more updates?