Steem Price Analysis - May 01 - Possibility to go below $3 and Here's Why!
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 :)
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
This post has received a 4.13 % upvote from @boomerang.
You got a 7.15% upvote from @brupvoter courtesy of @rasif!
Great post!
Thanks for tasting the eden!
Thanks to you too :)