Lol! Maybe that title was a bit dramatic, but you get the point I'm trying to make. The formations I'm seeing on the STEEM/BTC chart as well as the STEEM/USD chart, are looking pretty darn healthy. And that's putting in very mildly indeed...
I won't be using my own personal charts here because what I'm saying doesn't really require them. Bottom line is this. STEEM/BTC is at an all-time record low and the RSI and MACD have turned bullish. STEEM/USD after breaking down from the 80 cent mark, has remained to a confined tight range ever since around the 30 cent level and thereabouts. And we're talking from the end of November 2018 until now! That's one hell of a long time to create a nice, solid bottoming signal for us to go by.
Add to this, the fact that the STEEM blockchain is flourishing in terms of it's collective user base, developmental status and a plethora of great Dapps. Now you tell me. Honestly speaking. Where do you expect price to go from here. Well, it doesn't take much to figure that out, right? I'm looking for a moon shot, guys. Getting in now at these levels looks like a great move. In the recent past, we've had three huge spikes to the upside and they all came from out of the blue. I see no reason why there is not every chance in the world that it'll happen again.
If ever there was a time to get excited about STEEM, now is surely it. I recall when price was around $7 and that feeling of being proper gutted at not having accumulated more. Almost wishing that the price would come back down again so I could once again have that option on the table for me. Well, we're here now and I'm not missing this boat the second time around. So yeah, it's as simple as this. If you really believe in this project and blockchain, I urge you to get in now whilst we are enduring these extreme levels of negativity.
Be fearful when people are greedy and greedy when... Well, you catch my drift. Onwards and upwards, my Steemian peepz! :)
@ezzy