Despite I am a convinced follower and HODLR of STEEM, there are certain behaviours of this coin which I cannot fully manage to understand.
I mean, I know that huobi, one of the most important Exchanges nowadays, has listed STEEM in their market portfolio but...
...do you think that announcement is sufficient to explain the following chart?
In a matter of couple of hours, STEEM has fallen from 3.54USD to 2.96USD (-16%) and then rise again to 3.89USD (+31%) and still rising!!!
That's f**cking crazy!
Of course, if you have followed my posts during last days, I was expecting a Breakout of the "inverted Head and Shoulder" pattern (see this post: https://steemit.com/cryptocurrency/@toofasteddie/what-is-this)...
Nevertheless I have to recognize that STEEM erratic but uptrend behaviour is really difficult to forecast...
Enjoy the STEEM uptrend Roller-coaster !!!!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.