STEEM - Still in flat mode

in #steem7 years ago

Hello all,

The steem is in flat mode since days now :

STEEMUSD.jpg

We are not able to leave the current levels since 10 days now.

This kind of consolidation is often the sign of an incoming break out.
It is impossible to know the direction that it will take but let's hope it will be a UP Break Out.
The more we will stay in that zone level, the more the Break Out will be powerfull so be prepared to watch the show ;-)

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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Hahaha

In Afrikaans we say "skreeu snaaks" which means it's so funny that you scream

Afrikaans was an dialect of nederlands?

It is a branch of Dutch..formed by the Cape Settlers around the 18th Century. I can understand to a good degree what Dutch person is saying, and vice versa

Their are a lot of similarities, but 'skreeu snaaks' isn't something i'm familiair with.

I assume you are from Holland then? What is the proper Dutch for shout and funny?

I am from germany.But since i know norwegian and old english too i understand dutch without problems c:

Old English? What do you mean by that? Proper old Anglo-Saxon like ancient 6th century?

sooner or later ...steemit will be in the moon

Don't expect that its price will rise in the near future.

Why do you say this? I'm not disagreeing but just bought more for account purposes and trying to understand why it has dropped so much.

Offer exceeds demand

Crap content rewarded with lots of Steem --> price gets corrected

I believe Steem is just a Sleeping Giant,, I still remember when It crossed $10 lool.
I hardly believe everyone who owns Steem and commits to hold will get great Rewards very soon.

Oww nice sharing...

Sometimes going badly and sometimes are good. It a generally rounding door to door.
So, don't need to fall into the frustration.
Steemit bad time goes.what happens?.. I hope
It will be well soon.
Never hopeless..
Steemit is the moon.

i think steem should be doing better. This is an amazing platform

Lol, your right. Am holding onto steem. I believe it's gonna be an upward breakout

Sir plzz share my steemit account prashantlakhani

Thanks boss for this information. I had been wondering why and what is causing this problem to both steem and sbd. I know we shall overcome this very soon.

Steem is a great crypto with huge potential I really believe in it. It could be a next Litecoin story ;)

Whatever direction it goes, I think it's still gonna be great, because on the long run steem is going to the moon, so a little drop helps aquiring more

I have notice the same thing that if any crypto establishes a flat pattern ,the next thing that will happen is break out.thanks for this info ,i have prepared to take huge profit when that happens.

Other crypto-currencies are only that and behind STEEM & SBD stands Social Media. The more active users Steemit has, the more activity there is, the more usage of it, the higher need for those crypto-currencies is present and their price raises. So let's get working...🤗

I would say the amount of users do not matter but the amount of users who are successful is what matters. It is discouraging if you do not get rewarded for efforts.

hodl my friend's i belief in steem
it will go up in time

It might take a few days to follow the upward trend. But i believe that steem has lot more potential than it is currently valued at. Hey this might be off-topic but can you have a look at my post. I would really appreciate that.

I think the technical analysis is a bit harder than that
And it's also unlikely that the next move is going to be down, and if so, the move afterwards will likely be bullish.

Don't worry bitcoin is destroying everything now. But market will again move some fonds to alts.

Not only is it gigantic that can leave soon evolve this new world that is changing as time passes

Why do you use STEEMUSD? You can't trade it and the STEEMBTC chart doesn't show any of these patterns. What am I missing?

Give it time.It hink it's because of the big rise...
But didn't i understood right,that the idea was it to hold the std on the USD value?

Maybe the right time to buy some ;)

Dear sir, I wonder if I can translate this article into Chinese. Best wishes!

In steem we TRUST mooning will surely come

excellent post, thanks for the recommendations, I believe that one of the best things I have found here is the help and recommendations offered by people with more experience in the platform. Thank you.