If it does 16000 is the goal according to a few friendly whales
I am not in because i am trapped and i exited @ 8350 a while ago.
I am waiting a hopeful retracement to 7800 that never seems to come.
There are a shitload of dApps being made (without smart contracts) and an exchange will be released soon for those dapps.
They are giving away free tokens everywhere.
The hype about the elections and the mainnet launch (25th feb.) + everyone is giving away tokens seem to be making IOST a good candidate for a time stop.
The trend broke the handle channel however, the (CHANDEMO) momentum is still under 50 and the monthly R1 was tested and rejected.
Keep and eye... I am evaluating my RTR, for an entry at around 185-195m for a...
It just broke out of a smaller wedge in the 4H TF and it is getting close to the breakthrough level on the 1D charts.
The momentum looks good and the valtility is jumpy... always a good sign on cripto
Steem is preparing the next whale pump (It happens about once a week) but first it needs to slowly retrace to the comfort zone.
Do you think if will retrace to 7600 / 7400 levels before moving up again ?
The trend seems to fall into the FIB %
Possible Strategies:
If you hold STEEM: Sell now * 8000 buy back @ 7700 wait for pump sell @ 10500
Look for the...
The Volume increased 30% since yesterday and the price got some momentum, but it just looks like a repetition of the action on the 31st of Jan.
Steem can go both ways, the lack of momemtum seems to indicate we will test the mid 7000's
