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RE: A Bounce In The Price of Steem and Test of Resistance - Loving the Charting Action!

in #cryptocurrency7 years ago

Thanks for the update. I don't do a _huge amount of T.A. but I do understand it quite well and noticed the resistance.

From a fundamental point of view, I think Steemit is looking bullish. Lots of good news is coming our way as YouTubers move across to DTube, bloggers move to the platform etc. I was looking at the rate of change of incoming users for Steemit to try and analyse different points of growth, and if the statistics are right things are looking very promising.. Let's hope we break the resistance on the technical side!

Thanks for the great post.

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Yes - bullish on steem's prospects. The goal is to have price congruent with that. We are already starting to go that direction again getting above that level.

Yes I agree there. I'm analysing the rate of change of user influx and it's very promising at the moment! It would be greatly appreciated if you had any feedback on how I could improve myself on the platform!

Find a niche and stick with it. Find others in that niche/tag and be sure to curate and comments on their posts. And just be active and post. I posted almost everyday for 6 months before my posts really made anything.

Great, thanks! I do post every day and I put in a lot of work to my posts. Hopefully it pays off! Either way I'm happy to be contributing.