Poloniex: STEEM Temporarily Disabled! Price is about to burst!

in #steemit8 years ago (edited)

The dreaded STEEM Temporarily Disabled is happening on Poloniex right now. This might be a signal to buy. Why?

The price has been in a consolidation for two weeks now, that's a good thing, and that consolidation is part of a bull flag. Take a look at the daily chart. The price is begging to burst out the narrowing wedge and should happen today or tomorrow. It can burst either up or down. But since the price has been quite stable for two weeks, and given the sudden rise in some of the major cryptos lately (Litecoin, Ripple), I have a feeling STEEM is about to burst UP... HF19 might be to thank for that. I'm keeping a very close eye on it today and tomorrow, as soon as it breaks the resistance, I expect a strong increase in price, and a very good buying opportunity.

Let's all rally into STEEM baby.

steem bullflag.png

click for a larger image

DISCLAIMER: I'm not a financial nor a professional advisor. I formulate my opinion based on my own learning and interpretation of chart analysis. If you're not a professional, please educate yourself before doing any market trading and don't risk more than you can afford to lose.


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yeah drakos, I'm thinking the same thing sir...I'm using bittrex though. Man fuck POLO...I'm sick of their shit

Hey, can you remove your Downvotes of my page.
You are hurting my Followers.

who? me?

what do you mean? which post? I haven't done it consciously...I am following steemcleaners sometimes, so maybe it's through that?

As soon as I can pull my coins out of BalonyEX, I'll shift to Bittrex. Although BalonyEX holds the biggest variety of coins, it really pisses me off. I had two damn withdrawals since 3 days, and they still hadn't gotten through. I cancelled and I'm waiting to buy some STEEM now.

How high do you forsee the price going?

15-20%, the usual crypto swing.

Great diagnoses doctor I concur.

i will upvote and follow you

much appreciated :)

Same thing happened to Siacoin on Poloniex. Once Steem wallet is reenabled we could very well see a similar gain

There's another coin went throught the same recently, can't remember which one. I put a stop/limit order, JUST IN CASE poloni decides to go down in the heat of the uptrend lol.