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RE: STEEM Price Analysis – May 15, 2017

in #steem8 years ago

@ats-david, I track power downs and active accounts as an indication of long term trends (weekly) . I believe that the technical analysis (price patterns, volume, and momentum indicators) are geared towards the shirt term (intra-day or daily). The crypto market is too new and immature to make the quarterly projections more commonly seen on Wall Street (IMHO). Putting the short and long together gives you enough information to trigger informed trades. That's my opinion, but I'm open to improvement.