I've kept a slight look out on Steem. Today I took a closer look.
With a dark outlook on the crypto market, I was shocked to see The RSI on Steem chart on Poloniex.
The Relative Strength Index (RSI) is one indicator of impending price action. When the RSI is low . . . very low as it is now, historically it indicates a price reversal. The last time it was this low was Feb, 20th 2017.
So this is good news for Steem/SBD holders.
The lower view is the RSI and reversal points. The upper chart is the price of Steem.
( Sbd shows a very similar chart.)
This how I felt when I saw the chart.
A reminder this is not financial advice . . . it is information on how important being able to read a chart is in the market space. Always do your own research.
Best Wishes
H. G.
Source of the video clip: "A league of their own" A movie clip that I got from YOUTUBE.
Most welcome sir.
Thanks for sharing this cryptocurrency.
best of luck in your new post....
That's really good news to those who hodl their sbd sir😃
I am now . ..
Congratulations sir!.. I guess it's time to dance the Cha-cha💃💃💃😃
It still may take a week or longer but, the change is on the way.
That is good I can wait 😊
Wowngood news finally? I hope it is
that's a good news sir...😍thanks for sharing
This is a good news for everyone who is holding for sbd and steem. Exciting one! Thanks for the update sir @henry-gant.
Keep holding on and expect for the win!
I might have to watch that movie later on. I think I haven't seen that yet.
This comment was made from https://ulogs.org
At least this news my friend takes my worries away.Since that crypto is down working online is not doing well.I keep on monitoring steem and sbd will change into a miracle so that my posts will make sense.Best Wishes to you my friend and to me to see some miracles online to strive.
Some good news today @antonette . . . this should be an uptrend. Good break out this afternoon.
This is why it is so important to learn how to chart.
If it had not been for charting I would have sold at the bottom.
H. G.
Wow! That is good news! Hopefully change will be very soon! 😀
Yep, changed. What is amazing to me . . . is now we see many posts about how the price of Steem is rising.
In my mind . . . what good is that? as a trader, I see it before it happens.
I'm so happy to know that sir @henry-gant. I'm really hoping it will changed the soonest. 😀 It is starting now I think. 😀
Wow! So great to read some good news today! Thank you sir @henry-gant
nailed it.
yey, this will be a big help for us for my grandpa's medication . thank you for the info, i will keep on steeming .
Keeping my fingers crossed :) Good things are on its way yipee!