STEEM - Major resistance line broken at 3.65$ - Huobi listing ?
Hello all,
Here is the chart of yesterday :
Here is the current chart :
Today is a very nice day for the STEEM. The Bitcoin is correcting and most of the altcoins are following the move but the STEEM decided to use that correction to break a major resistance line. I already showed you that chart yesterday, but look it again updated and you will understand how much that resistance line is important :
The listing of the STEEM on the exchange https://www.huobi.pro/ perhaps helped us but in all the cases, we have to enjoy that nice move whatever is the reason...
Source : https://www.huobi.pro/
I wish you massive profits,
Cryptopassion.io
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whoop whoop
steem is great project i`m all in steem power
hi cryptopassion,
Good to see Steem get on Huboi exchange in China....this could be a huge move for Steem later on.
Should I bee holding Steem instead of SBD or does this event will help SBD to move up too along with Steem.
Today, I did a post about how Steem and BTC both moved up but, SBD went down within the last 24 yours. Do you know why this is?
I am puzzled that SBD went down.
I think that SBD followed the BTC (and other altcoins) correction while Steem followed its own path. I still feel like SBD will moon during the end of May or early days of June. If you study carefully the history of SBD, it rises to the moon and then drops within a few hours. You have to be alert at all times with SBD. Just my personal opinion!
so when things like that happen @tkappa what do we do? What do we do with our SBD to profit the most. I see mine go up and down all the time but I don't know what moves to make. I usually just end up converting to steem.
It depends what you want at the moment mate. Investing on Steem (or Steem Power) is the long-term "bet" for me. However, if you need cash or to buy something (like a car), it would worth to save SBD and when it rises (it has in the past and it will again) then buy dollars or Euros, or whatever coin you use where you live and handle you business ;)
PS. This is not professional advice but the way I personally operate.
ok....I recently started to watch SBD more. Before that I watched only Steem and SBD.
I am watching SBD closely because I transferred some SBD from Bitcoin into Steemit platform.
I wondered if I should be holding Steem instead of SBD in the Steemit platform?
Hello @hanamana
Most of the time SBD moves in the same direction that STEEM but not in the same proportion, sometimes more, sometimes less.
Here I think Huboi is helping the UP on the STEEM, the problem is they are listing only STEEM and not SBD. It is the same on Binance. So yeah, this difference of listing could also create a difference of move between the 2 cryptos.
Oh, okay. Thanks for explaining. Still I wonder if I should hold Steem rather than SBD?
Let us hope this run continues!
Steem and SBD do well.
Drives new traffic to the platform.
New content drive up Steem and SBD.
Repeat.
I see $4.28 Steem the time of writing this comment. nothing will stop Steem to hit $5 before the end of this week.
By the way the only green % in the market is Steem now.
steem future is bright, they doing good.
rank 28 now.just wow
Keep up the good work and nice post!
This could be the beginning of STEEM separating itself from the rest as it proves to be a superior blockchain given its bandwidth and coming demand. The new exchange opens and additional gateway for participants to get involved.
Hopefully it doesn't break out to much. I need to scoop up some more on pay day. It's good to see the market bouncing back. #Bitcoin dropping back down to $8,500 dragged most of the #altcoins down.