On my previous blog post, I wrote that the steem could possibly hit $6 soon as it tended to broke a resistant level at $3.4. Let's look at the chart now,
You can see, It's now loosing it's upward momentum and falling from $4.5 to $3.6. I think it's going to taste the support which is at $3 level. And we have to look closely what price action it will show from that level.
If it will be able to break below that level then it might fall again $2.6. Let's see what future price action says. Right now it's not wise to get into any trade. But to be patience and wait for a price action confirmation.
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I hope not. I hope we hit $10 this month. April was a good month.
Correction expected in the coming days. June target for Steem : 10$, end of year: 30$.
If we could hit $10 in May I think we could have a shot at $100 in December.
OMG! $100 in this year! I'll be rich then :P
End of year $30.. Hope that's true :D
Either way, things are looking a lot better than they did a few months ago.
Indeed It is :)
I'm guessing that's about the time you chose the screen name? Going to keep it or change it when things turn around?
Your helpful analysis
Good to know that it helped you :)
Legit analysis.... Thanks so much for laying this out, it's extremely appreciated.
Much love
You're most welcome @joyart
Thanks so much..... Would be glad if you check out my blog; I'd believe you won't regret it
Sure I will visit :)
Great analysis. Very informative article. Thank you so much for sharing. Upvote and resteem done.
Great to know that. Appreciate that you upvoted and resteemed it :)
An honor can read the post about Steem Price Analysis - May 01 - Possibility to go below $ 3 and Here's the Reason!
A tremendous change is happening in today's global marketplace
Thank you @irf has provided a very useful outlook for us all, the global market turmoil to be the benchmark of a future success, I am an opinion member, believe in the strength that we have today, Cryptoccurency into a tough competition and steem will be the winner in peak ahead.
And we will enjoy a great benefit later
we win together
see you on the top
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Great post!
Thanks for tasting the eden!
Thanks to you too :)
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It is a vert volatile market these days. It got some momentum with the listing on the new exchange. But now it is back to normal business which is following the rest of the market.
What do you think is needed to get another boost?
SMTs for sure will not hurt the price 😎
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I was summoned by @rasif. I have done their bidding and now I will vanish...
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I think it will grow up. May be some up and down but in the end it doesn't even matter.
Let's hope it goes up and up and up and up :D
If it goes below $2 I will load up on it. I bought the dip before and I’d do it again.
I'll also buy that in deep. Last time I also bought some of the steems and now waiting for it to breakout :)
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There will be a lot of interesting!
Hey! Thanks for your comment. I will visit your blog soon. :)