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RE: STEEM Update: Be Prepared to Accept Our STEEM Profits Gratefully and Humbly with Promise to Help and do no harm!
What are the chances of it dropping below this level?
What are the chances of it dropping below this level?
Is it possible to drop below this level? Yes.
But if you read my blogs, I've consistently stated that possible is not the same as probable.
That's where Technical Analysis identifies as many possibilities and selects the most probable price pathways.
I would venture to say that you could ask that question about any coin at any point in time and the chances will always be 100%. Will it happen before too late to a price you want? Best to ladder in and protect both your investment and make sure you get into the profit zone.