short-term steem Up or Down! #spud4steem May 1st

Hello guys,
Before I write about steem price action, and we all know lately steem give us a nice pump right!?, I read on many article just like "20$ in 2020" and also "10$ in 2020" an a lot of another prediction. I don't want to said that was not good analysis or maybe that was imposible, everything is possible guys, and I will happy if steem will touch that price, but at first we have to be realistic to analyze. #spud4steem

yeah, today I want to make simple analysis about steem price, and before that (again), What keeps prices moving?, a trader must separate these two things, technically and fundamentally, but what about Pump? or Dump?, I think I will not talk about pump or dump, I will discuss about market sentiment.

fundamentally, the price of steem will probably move up in the next few days, moreover there is a lot of good news about the development of this coin, I am very optimistic the price can push to break highest price.

and technically, I made a short sketch of support and resistance, within a few days after the pump, the price went down again for a while, the current price will try to penetrate the first support area at 0.2 $ -1.8 $ and if it fails then of course it will come back try to break the nearest resistance at 0.22 $ -0.24 $, if this scenario is successful, it will usually attract market sentiment to buy, so the price will move higher, I set an initial target at 0.5 $ and the target is at 1 $. for the worst-case scenario, the price broke through the support area and market sentiment continued to sell in large numbers, so a dump was unavoidable.

Thats all guys, Thanks Everyone, and Let's SPUDDING!