Market Update on Steem/USD 2/23/2018

dankh (57)in #steem • 7 years ago

On a 30m chart you see that price had a 'V' shaped recovery. This signals that this pullback is 'almost' over. What we want to see (technically) is for price to take out a prior high which is the 3.60 level and see whats happens after that which I assume would be the formation of a triangle.

On a 1m chart we have a mixed narrative. The current pivot is at around 3.28 so I expect price to bounce off there at least one more time.

#cryptocurrency #money #investments

7 years ago in #steem by dankh (57)

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manjubd (55) 7 years ago

good update post @dankh
steem and steem doller down again

vulstag (38) 7 years ago

i want to learn to read charts and predict prices where do you think i should start

dankh (57) 7 years ago

start where it all started from. Read the books by WD Gann

vulstag (38) 7 years ago

Thanks
Any book in particular I should start with?

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appreciator (66) 7 years ago

This post has received gratitude of 1.72 % from @appreciator thanks to: @dankh.

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