My insights on [STEEMUSDT]

in SteemitCryptoAcademy10 days ago (edited)

Hello, Steemit community! Today, I'm sharing my latest insights on [STEEM/USDT]. Let's dive in!

The current price of STEEM is around

0.2581USDT
+0.0201
+8.45% increase in price.
As of today at 00:44 UTC+1, with a market cap of around $279.5 million, an overview of the chart is shown below,

Screenshot_2024-12-12-00-09-21-32_40deb401b9ffe8e1df2f1cc5ba480b12.jpg

I did some technical analysis on the STEEM/USDT chart which I would show a vivid screenshot for a better perspective after observing the chart do think STEEM price would rise back to my buy-side liquidity which is 0.3130 hopefully, nevertheless the financial market is volatile and could fluctuate all the time but I hope the market stays in touch with the bull.

Screenshot_2024-12-11-23-47-10-56_47156649b070b5878ed30c05d64ec18b.jpg
Screenshots from my phone!
Screenshot_2024-12-11-23-46-36-34_47156649b070b5878ed30c05d64ec18b.jpg

In the technical analysis for the 4h timeframe Steem is showing in a descending channel, and created a (ChoCh) and then took a reversal from my POI and started creating a small high, hoping for a strong bullish to my "liquidity take"

This is just a brief overview of the STEEMUSDT, HODL your Steem

Disclaimer: This blog is for general information purposes only and should not be considered as investment advice, The writer and publisher of this blog do not guarantee the accuracy of the information provided and shall not be liable for any losses arising from the use of this information.

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