The dreaded STEEM Temporarily Disabled is happening on Poloniex right now. This might be a signal to buy. Why?
The price has been in a consolidation for two weeks now, that's a good thing, and that consolidation is part of a bull flag. Take a look at the daily chart. The price is begging to burst out the narrowing wedge and should happen today or tomorrow. It can burst either up or down. But since the price has been quite stable for two weeks, and given the sudden rise in some of the major cryptos lately (Litecoin, Ripple), I have a feeling STEEM is about to burst UP... HF19 might be to thank for that. I'm keeping a very close eye on it today and tomorrow, as soon as it breaks the resistance, I expect a strong increase in price, and a very good buying opportunity.
Let's all rally into STEEM baby.
DISCLAIMER: I'm not a financial nor a professional advisor. I formulate my opinion based on my own learning and interpretation of chart analysis. If you're not a professional, please educate yourself before doing any market trading and don't risk more than you can afford to lose.
If you like this post, upvote and comment.
If you really like it, resteem.
If you love it, follow 👇 that bird.