STEEM Gets Over 8k Satoshis On Relevant Volume

in #steemit6 years ago

Screen Shot 2019-01-16 at 3.04.19 PM.png


As you can see from the screenshot above, taken on Binance a few seconds ago, STEEM just crossed the 8k satoshis threshold on an upper trend, trading for 8,180 satoshis at pixel time. The volume is also relevant, although not significant. I would have loved to see more volume, but the fact that the last 4 hours candles have been steadily green is a good indicator.

If the trend continues, STEEM will hit the upward resistance around 8,350 satoshis, where I expect things to slow down a bit. If STEEM crosses upwards I will see this as a very bullish signal, if not, we may swim below 8k again.

We'll see.


I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.


Dragos Roua


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@dragosroua,
STEEM seems trending! Hope it might be a permanent trend!

Cheers~

looks good against BTC not so much against USDT mind you what crypto does right now

Looks like STEEM is already retreating off the high of this particular jump, as is SBD, @dragosroua, but it is still nice to see some kind of upward movement, even if it isn't a trend yet.

Maybe it will tread around $0.30 USD for a while instead of below it.

Looks like Upbit has been leading this particular charge, but with Binance not so far behind.

We're down to three exchanges for SBDs? I thought there were more.

Good to see some action. Volume and movement is good.

Steem needs to trade at least above 10k satoshi and if usd wise it will be able to sustain around 0.5 usd at least for some time then also it will bring some sort of positive sentiment, some people may return. But for investor's point of view, it is still a good one to catch at this level.

Thank you and Have a great day.

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Nice little pump wonder who's doing the buying? !tip

🎁 Hi @tipu! You have received 0.1 STEEM tip from @cryptothoughts!

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Still going up lol 🦄🐎🐮

Actually i am seeing some little rise of steem today and i hope it comtinues like that because i am tired of staying in this low price stage of steem. I will wish for more positivity in the price now

sigh...Seeing this platform growing more and more is just outstanding, thanks Drago for news

I want the market to be bullish, we have been bleeding for a long time.

I hope this time it doesn't crash back to 24 cents like the other two times it got to 30 in the past few months.

its still getting pumping up :D

Nice! This is a good sign.

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