As you can see from the screenshot above, taken on Binance a few seconds ago, STEEM just crossed the 8k satoshis threshold on an upper trend, trading for 8,180 satoshis at pixel time. The volume is also relevant, although not significant. I would have loved to see more volume, but the fact that the last 4 hours candles have been steadily green is a good indicator.

If the trend continues, STEEM will hit the upward resistance around 8,350 satoshis, where I expect things to slow down a bit. If STEEM crosses upwards I will see this as a very bullish signal, if not, we may swim below 8k again.

We'll see.

I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me Hive account@dragosroua.

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