STEEM = $1.41. Trades back above the 20dMA and retains the Long Term Bullish Trend. Year End Target remains set at $4.70.

in #steem7 years ago

STEEM PRICE CHART - LONG TERM BULLISH

STEEM.png

dMAmapping⇗⇗⇗⇗⇗⇗ Screen

STEEM dMAs screen.png

As STEEM moves up to $1.41 it trades back above the 20dMA (circled red on the chart).

This pattern retains the Long Term Bullish Trend and cements the Year End Target currently set at $4.70.

Thanks again for reading.

Stephen

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Going in the right direction again! Really hope your accurate on the 4.70 that will make a lot of people happy. I've got one question. Will the $ worth of your vote go up if the price goes up? Let's say now my 100% upvote is $0.35 at $1.15 steem price. Will it be $1.40 at steemprice $4.60? Hope you can give me the answer @stephenkendal . Great effort promoting as well.

Do you think we should hold in bitcoin or alts right now? maybe its better to wait until btc cools down a bit which might not be for a couple weeks and could be some astronomical high number lol

end target 100 dollars

Oh yes that would be perfect

Glad to see Steem back in bullish trend, once this BTC thing settles down there won't be any stopping for Steem to reach at $4.70.

There is no segwit2x, bip91 is getting locked in which will implement segwit without the 2x thats why the price is skyrocketing. Aug 1 means nothing.

Is bip91 activated and approved by 100%?

Not yet but pretty close, nothing can really stop it now!!! check it out here were way over 80%
https://www.xbt.eu/

Good prediction. Hope it becomes a reality very soon.

It's been a heck of a past week, but I'm confident in Steem and Bitcoin continuing to rise. Somehow, Aug 1st still concerns me thought? What are your thoughts?

It seems like Steem and the markets have broken away from the clutches of the bear market.
After this Bitcoin fork business is over with and people are happy with the security of their wallets and their trust in crypto is reinstated then the markets will start booming.
Just a matter of waiting.

Yeah...assuming BIP 91 goes through, it should mean the alts like Steem will catch up that jump soon. $2 Steem by tomorrow?

For some reasons i buy your forecast, gonna snap some steem asap! Is there a forecast for Litecoin as well?