Steem is Ranging for More Than 3 Months

[btcdepo]

Steem is in that range for more than 3 months. That’s very important to understand the characteristic of the market, is it trending or ranging.

[mysacrifice]

btcdepo, that is right. you should first identify your market that you are trading / investing.

[btcdepo]

btcdepo, that is right. you should first identify your market that you are trading / investing.

Thank you for the comment. If you don't know what kind of jungle you are in, you will be hunted soon or later.

[CaesarCipher]

Interesting share here.

Steem appears to have a good level of support that a lot of other Alts lack with a pretty passionate userbase. This might help to explain the ranging. It will be interesting to see if it manages to breakout.

[HashieNewb]

Steem is in that range for more than 3 months. That’s very important to understand the characteristic of the market, is it trending or ranging.

The opportunity of that dump is huge. The price could go up to the top point again though the dump might happen immediately after that.

[blockchainproject.id]

Steemit.com was down for a whole day yesterday. It might affect Steem and SBD price because it might scare off some user, some of them are worried that their money going to locked in if the site keeps on and off. So be careful, there might be a dump in the near future.