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RE: Market Update: STEEM (STEEM/BTC) - Are Steemians gonna be rich?
If your only given information was this picture (no knowledge of price history), would you say it looks bullish or bearish?
If your only given information was this picture (no knowledge of price history), would you say it looks bullish or bearish?
In this case, it's a bull flag, and this is why day trading is wrong.
Im not a believer in "technical analysis" despite I heard about and witnessed its success.
I agree day trading is very difficult/dangerous. Fundamentally, Steem should be seeing some nice upside long-term. On the Daily chart, we want this box to hold support.