while Ethereum and Bitcoin are experiencing 18 months highs, STEEM is dropping from its stable support levels in last months. As a fiat opt-out guy I have always said I don't care about STEEMUSD as much as STEEMETH and STEEMBTC are important to me. ![steem.jpg](https://cdn.steemitimages.com/DQmZ4SFg2iEjsabtHh8uSpE5ApBLGezWgZHmbuasHF7Nbkx/steem.jpg) # Re-trace-ment If you look longterm, on a 50 period daily chart we can see the probable retracement would be as below: ![download.png](https://cdn.steemitimages.com/DQmPecGqae1eiqfWNrgvPWRNqKrJZmEJEoFsnKguTY2vACB/download.png) So these are probable levels with the probability mentioned in the picture, based and calculated on Fibonacci retracement formula and considering three Moving Averages on 21, 55 and 100, all exponential: 0.0014 to 0.00189 then to 0.00233 and finally to 0.00268 above the last resistance level, a reversal in the trend is probable. If you look in to the # Short term retracement You probably can read everything from the image: ![download (1).png](https://cdn.steemitimages.com/DQmbh7ESUfz3AVjyMoEGGDWhGuj1h8PH1UUh18PqW4XLavW/download%20(1).png) OK, enough technical talk and charts! In my next post, I will mention why I believe STEEM is not doing fine and how I believe this lovable token and the community behind it can perform better.
post_id | 77,105,463 |
---|---|
author | honarparvar |
permlink | who-do-you-blame-for-steem-drop |
category | steemit |
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created | 2019-06-27 09:08:48 |
last_update | 2019-06-27 09:09:24 |
depth | 0 |
children | 5 |
net_rshares | 545,470,193,698 |
last_payout | 2019-07-04 09:08:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.204 SBD |
curator_payout_value | 0.051 SBD |
pending_payout_value | 0.000 SBD |
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root_title | "Who do you blame for STEEM drop?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
swedishdragon | 0 | 614,845,419,550 | 100% | ||
accelerator | 0 | 6,120,194,772 | 0.32% | ||
lays | 0 | -456,165,686,210 | -100% | ||
arslan.saleem | 0 | -133,873,213,013 | -100% | ||
steembasicincome | 0 | 23,245,868,036 | 0.51% | ||
honarparvar | 0 | 100,969,497,950 | 100% | ||
pltorres | 0 | 548,625,437 | 100% | ||
mondodidave73 | 0 | 484,897,205 | 20% | ||
zaku | 0 | 497,746,575,087 | 50% | ||
moserich | 0 | 13,928,189,238 | 100% | ||
otrip | 0 | 455,173,112 | 100% | ||
voneller | 0 | 62,839,259 | 100% | ||
zannat | 0 | 98,874,946 | 50% | ||
rishan | 0 | 550,752,189 | 50% | ||
shimaro | 0 | 7,227,345,823 | 100% | ||
rtytf | 0 | 24,392,288,849 | 3% | ||
pagliozzo | 0 | 9,661,260,890 | 20% | ||
b1b4rg7 | 0 | 550,485,458 | 100% | ||
vahidee | 0 | 547,795,278 | 100% | ||
myvicky | 0 | 69,311,052 | 100% | ||
smithgold | 0 | -25,643,203,507 | -100% | ||
mariaserena | 0 | 366,384,589 | 100% | ||
healthexpert | 0 | -86,586,192,004 | -100% | ||
phatima | 0 | 198,867,308 | 7% | ||
hamsa.quality | 0 | 379,571,559 | 5% | ||
swedishdragon76 | 0 | 0 | 25% | ||
isb | 0 | -58,982,928,254 | -100% | ||
map10k | 0 | 4,271,199,099 | 0.38% |
Yeah,.,. I wish I had sold everything at $8 and bought something nice.
post_id | 77,255,387 |
---|---|
author | offgridlife |
permlink | ptw3ez |
category | steemit |
json_metadata | {"tags":["steemit"],"app":"steemit\/0.1"} |
created | 2019-06-30 02:11:24 |
last_update | 2019-06-30 02:11:24 |
depth | 1 |
children | 3 |
net_rshares | 27,463,889,897 |
last_payout | 2019-07-07 02:11:24 |
cashout_time | 1969-12-31 23:59:59 |
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author_reputation | 292,864,456,462,523 |
root_title | "Who do you blame for STEEM drop?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
honarparvar | 0 | 27,463,889,897 | 20% |
I wasn't here that time, but I bought $2.2 tokens which hurts 🤕 no problem, it was a great experience and I'm still following it up for the SMT thing, I'm planning to adopt it in my business which is a B2B platform. I hope steemit can lead the blockchain out of current situation.
post_id | 77,261,844 |
---|---|
author | honarparvar |
permlink | ptwga1 |
category | steemit |
json_metadata | {"tags":["steemit"],"app":"steemit\/0.1"} |
created | 2019-06-30 06:49:15 |
last_update | 2019-06-30 06:49:15 |
depth | 2 |
children | 2 |
net_rshares | 1,175,391,519 |
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root_title | "Who do you blame for STEEM drop?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
russia-btc | 0 | 1,175,391,519 | 9% |
I find Steem the easiest crypto to send to people (here on Steemit) to buy stuff. Could be. A great ecosystem.
post_id | 77,269,118 |
---|---|
author | offgridlife |
permlink | ptwvdh |
category | steemit |
json_metadata | {"tags":["steemit"],"app":"steemit\/0.1"} |
created | 2019-06-30 12:15:18 |
last_update | 2019-06-30 12:15:18 |
depth | 3 |
children | 1 |
net_rshares | 0 |
last_payout | 2019-07-07 12:15:18 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
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author_reputation | 292,864,456,462,523 |
root_title | "Who do you blame for STEEM drop?" |
beneficiaries | [] |
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percent_steem_dollars | 10,000 |
Dear @honarparvar I'm honestly wondering if recent STEEM selling pressure didn't increase simply because of HF21 and the fact, that most people (at least those I talked to) think that HF21 will bring a huge blow. I also think that it will create more opportunities to abuse the system and I'm seriously worried about future here. 50/50 proposal and non-linear curve does give impression, that "rich will get richer" and "poor will only get poorer". And it does look like "whales" are going to "milk that cow" (meaning: steemit) as much as they can. Yours Piotr
post_id | 77,663,768 |
---|---|
author | crypto.piotr |
permlink | pubppe |
category | steemit |
json_metadata | {"tags":["steemit"],"users":["honarparvar"],"app":"steemit\/0.1"} |
created | 2019-07-08 12:36:51 |
last_update | 2019-07-08 12:36:51 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2019-07-15 12:36:51 |
cashout_time | 1969-12-31 23:59:59 |
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root_title | "Who do you blame for STEEM drop?" |
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