#Steem #dMAmapping⇗⇗⇗⇗⇗⇗ Screen
Technically, we are at a critical point..!!
I have highlighted an area in red that we need to be trading in over the next few weeks.
This area is between $1.24 and $2.60.
Buy Alert
#Steem triggered a #dMAmapping⇗⇗⇗⇗⇗⇗ buy alert Signal on 10-May-2017 at $0.85.
To resume the bullish uptrend #Steem needs to be closing above the $1.24 - $1.25 price in the coming few days.
Failing this, #Steem needs to at least stay above $0.85.
We need more Marketing..!!
Though I still maintain a Long Term Bullish recommendation on #Steem, technically it is trading at a critical junction now and one that could see the price go either way.
Though we have had some great news with the proposal to launch Smart Media Tokens SMTs, there is still a concern that the number of new users registering is still showing signs of slowing down.
I have raised my concerns over the last few months that Marketing and Promoting #Steemit is vital for growth and I cannot stress any further my worries that this point is still not being taken serious enough.
I will continue to monitor the new registrations and #technicalanalysis over the next few days/weeks, however I strongly feel that more focus should now be placed on Marketing and Promoting of #Steemit and #Steem,
Thanks again for reading.
Stephen