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RE: STEEM Price Analysis – June 19, 2017
The STEEM-BTC price has a lot of wiggle-room between current prices and the uptrend line, but it doesn't appear to want to move below 75K in the near-term.
Looks like it held the support line like you talked about last week.
There is certainly a lot of wiggle room for the price to go either way - traders may be waiting on the BIP 148 decision on July 1st.
Enjoyed the analysis, keep it up!
@lydon.sipe I totally spaced on the July 1st decision. Thanks for the reminder. In the end, any big catalyst can take our price analysis to the woodshed, but @ats-david has been pretty spot on.
The fact we held the 75k last week when all the coins took a bit of a dip was even more encouraging. Continued consolidation in the current would be a welcomed sign for the longer-term price action.
I could not agree more @scaredycatguide. The influx of new users seems to be creating a steady stream of buying, and it eases the fears of buying up some more Steem on any catalyst news.
I'm with you @ats-david has been putting in the work, and his analysis shows it.
Yes, he's been doing a good job. Plus, I'm biased because his analysis posts and my analysis posts are usually pretty close in opinion :-)
Haha.
Well, there is that. Great minds think alike as they say.
Enjoyed the post ! Useful! Today is an amazing day!
This is ridiculous!!! I'm screaming like a little girl!
I even made $80 on 1 comment recently!
Congratulations! That is fantastic!
This is going up, up and up!!!!
I'm glad someone has been paying attention! Have you been making any trading moves?
Haha, I keep an eye on your thoughts.
I fall in the mid-long term trader like you talked about. Did not make any moves this past time because I wanted to see if the 70-75k support line would hold.
Did you make any?
No. I've been trading a couple of other coins. I might buy the break-outs though. Or if the price falls back to 75 or below.
I'm in the middle of trying out a new strategy overall for my crypto tokens and cashing out STEEM. I want to take out some profits and allocate some of it to other cryptos (like Peerplays or EOS) and also cash out and add to positions in my stock portfolio. We'll see how it goes.
Buying graphene tech looks like a great strategy - I know you know it's history, haha.
I'm in the middle of my EOS due diligence, and man am I becoming excited.