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RE: STEEM has a current price ceiling around $4.50 USD that it needs to smash!
Great, great analysis and I agree. There are sell orders at $4.50, but each time price it's near that level, it's absorbing the remaining unfilled sell orders.
There was a great opportunity to get long was at the $3.25 level because there were buy orders (red circle there). So agree again, that level must hold if we are to move higher.
I love that your supply and demand data lines up with what I'm seeing, since I just going off straight support/resistance. But then again, this is what creates it I supposed. Awesome stuff man!
It's my opinion that supply and demand is the only thing that moves prices. But it's so cool how there are different ways of looking at the Markets and draw the same conclusions. I love your stuff as well. Keep the fire coming bro.