since i'm a Steemian, i've been monitoring Steem
you are Lucky because i'm a trader too!
Steem is in an ongoing distribution. this rare occurrence means, as price is falling, the market makers are destributing
which means withdrawing their interest from the crypto
it is very rare but it happened on the larger scale on Steem it
to be honest, at first i doubted this but when this happened, i just panicked!
Look at it:
the blue line is a resistance line and now it's broken decisively
prior to that we had 3 strong bearish (downside) signs. one is enough let alone 3!!!
these are all telling nothing but a big crash
However, something new might happen so if you don't wanna miss the updates Don't forget to follow
and also Take a look on my Bitcoin & Litecoin forecast: https://steemit.com/cryptocurrency/@noochinoochi/why-litecoin-is-doomed-to-fall & https://steemit.com/bitcoin/@noochinoochi/breaking-news-you-ll-miss-out-bitcoins-big-move-if-you-don-t-see-it
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