___  ___    _ _    _  _ _____   _____
 / __|/ _ \  | | |  | || |_ _\ \ / / __|
| (_ | (_) | |_  _| | __ || | \ V /| _|
 \___|\___/    |_|  |_||_|___| \_/ |___|

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

STEEM - Major Support Level

BY: @tradewonk | CREATED: March 13, 2018, 2:34 p.m. | VOTES: 86 | PAYOUT: $107.54 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmUAjoqGwuKFuJXkmsaVxHeFpxnSv22oimc4wxvvwqupdn/image.png]

STEEM Price Key Highlights

I see this price as a really good buying opportunity. Longer term I see STEEM taking off like a rocket. I do believe that it is well within reason that STEEM reaches $10-15 or highere by year end.

Disclaimer: Trading has a high risk level and may not be suitable for all investors. Before you decide to invest, carefully consider your investment goals and risk willingness. The possibility is that you can sustain a loss of some or all of your initial investment and therefore you should not invest money that you can not afford to lose. You should be aware of all risks associated with currency trading and seek advice from an independent financial adviser if in doubt. I'm not a financial advisor and there is also no content in this article that is presented as financial advisory.

[IMAGE: https://steemitimages.com/DQmbw6tirhptsYWkYJ5DMB2FxYhs2ou3Xk86kTYcXWj1DtU/copysteemit.png]
Don't miss out on my next post! Follow me @tradewonk

TAGS: [ #cryptocurrency ] [ #trading ] [ #steem ] [ #invest ] [ #news ]

Replies

@shabaperween | March 13, 2018, 2:41 p.m. | Votes: 0 | [ VOTE ]

thanks for update steem news.

@mjo | March 13, 2018, 2:41 p.m. | Votes: 1 | [ VOTE ]

I had a similar observation, it's nice to see it validated by someone with more experience! I had been waiting for a good opportunity to grab more STEEM so this has been great for me! Thanks for the analysis!

@tradewonk | March 13, 2018, 2:47 p.m. | Votes: 2 | [ VOTE ]

Agree it’s a good opportunity to buy more

@andriustovis | March 13, 2018, 8:33 p.m. | Votes: 1 | [ VOTE ]

I do have the same view as well
[IMAGE: https://steemitimages.com/DQmV1p8ujibeZVYgW6wsiR8CNCEoEknyufvoQd3Zh1ohWMd/image.png]:

@dynamicgreentk | March 13, 2018, 2:42 p.m. | Votes: 0 | [ VOTE ]

Lets all pray! sbd for life holmes😂

@yohan2on | March 13, 2018, 2:44 p.m. | Votes: 1 | [ VOTE ]

With this! Let me HODL and also buy more steem and power up. Thanks so much for the updates @tradewonk.

Patience pays though it pains to wait.

@tradewonk | March 13, 2018, 2:47 p.m. | Votes: 1 | [ VOTE ]

My pleasure

@stadex | March 13, 2018, 3:20 p.m. | Votes: 2 | [ VOTE ]

I'm thinking to sell all BTC and go deep into Steem. It's about $300 but If Steem goes back to $5 I double my money. Not sure yet. I believe more in Steem than BTC.

@mjo | March 13, 2018, 4:46 p.m. | Votes: 1 | [ VOTE ]

Hey @stadex, I'm definitely bullish on STEEM long term, but that might be a bit risky. My personal opinion would be to hold about half BTC and half STEEM. BTC is widely regarded to be one of the safer crypto bets (if there is such a thing) and diversifying can save you a major headache later. I previously had more than 2x the amount of BTC to STEEM but I did convert some over to where I'm about 50/50 now.
That being said, I'm someone who is relatively risk-averse, so if you are willing to stake all $300 on STEEM's potential breakout value more power to you! In any case, we're both rooting for STEEM to succeed here! Best of luck!

@sabina10 | March 13, 2018, 5:23 p.m. | Votes: 2 | [ VOTE ]

decision with caution, 50/50 however I think it is very tempting looking that steem can have a very high rebound ,,,, and those $ 300 can take you to $ 1500 or more ,,,

@presidentslabber | March 13, 2018, 2:46 p.m. | Votes: 0 | [ VOTE ]

i feel the same way about it brother

@johnjohny | March 13, 2018, 2:48 p.m. | Votes: 1 | [ VOTE ]

yes you are right, if it goes down after this resistance level, sign of worry for all of us.
Hope it will go up now.

@shohagkhan | March 13, 2018, 2:50 p.m. | Votes: 0 | [ VOTE ]

thanks for update steem news.
thanks for sharing.. @tradewonk

@ervinneb | March 13, 2018, 2:51 p.m. | Votes: 1 | [ VOTE ]

To be honest things don't look good for STEEM in price. If we brake 2.20$ next support is at 1.40$. Also we are below all major moving averages, especially the 200-day SMA.

To be honest the price of Steem is very correlated with the price of BTC. And BTC looks like it's going down. I made an analysis yesterday on BTC, I would be glad to receive feedback on it from you. See my article HERE
Thanks for the update. :)

@stadex | March 13, 2018, 3:22 p.m. | Votes: 0 | [ VOTE ]

The roof the roof the roof is on fire we don't need no water let the motherfucker burrrrrn.
🔥🔥🔥🔥🔥🔥

@ervinneb | March 13, 2018, 3:28 p.m. | Votes: 0 | [ VOTE ]

Cool ! I think today we break the 200 SMA and we will make a move downwards to test the 8400 and then the 6000

@tradewonk | March 13, 2018, 3:22 p.m. | Votes: 1 | [ VOTE ]

I’m on the phone now, but if btc price continue down, then it might retest $8000 which is a major support ( 6500-8000 ) as it is on steem, and from there continue highere. But i will make an btc Update tomorrow.

@savemax | March 13, 2018, 3:07 p.m. | Votes: 1 | [ VOTE ]

After double top pattern, BTC is going down for the past 6 days. If BTC recovers, we can hope that SBD also may recover.

@dirkboy41 | March 13, 2018, 4:01 p.m. | Votes: 1 | [ VOTE ]

Most cryptos are acting similarly - slowly bleeding out. I don't see an end to the slow period for awhile - possibly a couple of months. Hold the line, last year, the majority of the rise started in November so there could be more painfully slow action to come.

@mexbit | March 13, 2018, 8:57 p.m. | Votes: 1 | [ VOTE ]

It seems like November 2013 and 2017 where really good months... perhaps we will have to wait for November 2021 if people are as slow as always in understanding blockchain technology...

But perhaps we are lucky and history does this time not repeat itself...
https://steemit.com/steem/@mexbit/steem-is-back-a-the-same-valuation-it-was-when-it-just-started-in-july-2016

@gpalav | March 13, 2018, 4:08 p.m. | Votes: 0 | [ VOTE ]

This is probably best time to buy STEEM.
Thanks @tradewonk for the best analysis and showing exact hard support value at $2.2 👍👌

@sabina10 | March 13, 2018, 4:50 p.m. | Votes: 2 | [ VOTE ]

I see your information and it is encouraging to think about the rise of steem, but I think the process is a bit slow, the crypto are going through one of their worst moments, but also with their biggest growth, I mean they are going to descend even more the crypto ,,,, I hope a rebound at the end of 2018 ,,, greetings @tradewonk

@postpromoter | March 13, 2018, 4:50 p.m. | Votes: 0 | [ VOTE ]

You got a 33.00% upvote from @postpromoter courtesy of @tradewonk!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

@fury123 | March 13, 2018, 4:56 p.m. | Votes: 1 | [ VOTE ]

It is a great time to buy some cheap steem!

@stonedfood | March 14, 2018, 4:34 p.m. | Votes: 0 | [ VOTE ]

Buddy, I remember when it was 10 cents a steem, those were the days...

Also you could take the subway for a nickel and the movies cost a dime

@bluu | March 13, 2018, 5:11 p.m. | Votes: 0 | [ VOTE ]

Steemit is the prospective website and it will not have to die.

@eservicesplus | March 13, 2018, 5:19 p.m. | Votes: 2 | [ VOTE ]

Great time to HODL or Power Up -- bargain basement prices. Does test one's own belief system around cryptocurrencies in general and in STEEM in particular. For me as a new Steem-er, I really like the fact that there is a real backing for the STEEM -- the collective intelligence of well-crafted posts offering knowledge and entertainment. What a win-win -- and the STEEM eco-system offers opportunities for anyone wishing to become involved in the cryptocurrency ecosystem -- what a wonderful way to be able to 'earn' cryptocurrency without massive fiat currency investment unless one chooses to do so. My advice to all newbies [such as me] is to learn the STEEMit value proposition and all its nuances and then get involved. You will gain both financial and personal rewards in doing so. Very satisfying and very innovative!!

@haroo7 | March 13, 2018, 6:11 p.m. | Votes: 0 | [ VOTE ]

Agree it’s a good time to buy more :)

@bitgeek | March 13, 2018, 8:10 p.m. | Votes: 0 | [ VOTE ]

Congratulations @tradewonk, this post is the seventh most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 452 and the total pending payments to posts in this category was $6314.62. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

@mexbit | March 13, 2018, 8:24 p.m. | Votes: 0 | [ VOTE ]

I think it is a good idea to go into a coma until the end of the year...

Here a take on what it used to be 2 years ago:
https://steemit.com/steem/@mexbit/steem-is-back-a-the-same-valuation-it-was-when-it-just-started-in-july-2016

@statsmonkey | March 13, 2018, 8:36 p.m. | Votes: 0 | [ VOTE ]

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @postpromoter valued at 136.84 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".

@brettcalloway | March 13, 2018, 8:47 p.m. | Votes: 1 | [ VOTE ]

I’m not too upset if we go lower for another couple months. Anything under $1 would feel like hitting the jackpot for me. Gonna be interesting to see how the rest of 2018 plays out. Thanks for the post!

@wilkas | March 13, 2018, 8:58 p.m. | Votes: 0 | [ VOTE ]

What is your belief of STEEM price based of? Why 10-15?

@abdulmanan | March 13, 2018, 9:39 p.m. | Votes: 0 | [ VOTE ]

If it Continue this resistance, may be we will have some good news.

@jsweeps | March 14, 2018, 1:37 a.m. | Votes: 0 | [ VOTE ]

This is a tempting time to get in when the prices are so low yet it is also incredibly dangerous. Essentially we are all just gambling so best of luck.

@kjnk | March 14, 2018, 10:58 a.m. | Votes: 1 | [ VOTE ]

Steem was pumping just now when BTC was dropping. Steem is looking so bullish.

@jassi | March 16, 2018, 5:12 a.m. | Votes: 2 | [ VOTE ]

after btc stable it will hit the moon

[ BACK TO TRENDING ] [ BACK TO MENU ]
CMD>