forexbrokr Blog Banner

forexbrokr

STEEM is Welcomed Back With an Unnatural Pump

4DCE40DE-8358-4827-86D5-E9226316876B.jpeg




Hey guys,

Earlier in the week, we talked about when the STEEM bottom would be in:

STEEM/USD Hourly

E26A4173-84EE-4FDF-880A-90E5D96E3EA1.png

We really need a hard V shape reversal at the bottom.

Unfortunately this wasn’t it.

But was this?

STEEM/USD Hourly

901F5A81-5F62-4630-8020-A2995712F7EA.png

There’s your V shape bounce, with a perfect retest of previous short term resistance turned support.

These sorts of pumps obviously aren’t natural and never last, but it looks nice after yesterday’s blockchain going down.

Peace ✌🏻.




@forexbrokr | Steemit Blog

Forex and Crypto Market Musings.

lion-header-blue.jpg

Twitter: @forexbrokr Instagram: @forexbrokr


Return from STEEM is Welcomed Back With an Unnatural Pump to forexbrokr's Web3 Blog

STEEM is Welcomed Back With an Unnatural Pump was published on and last updated on 18 Sep 2018.