Steem hits $3.42 last night! by jondoe

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· @jondoe ·
$33.16
Steem hits $3.42 last night!
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<p><em><strong>It has since pulled back with the entire crypto market but it has had some relative out-performance never the less.</strong></em></p>
<p><em><strong>https://s14.postimg.cc/d4riqkmq9/Screenshot_254.png</strong></em></p>
<p><em><strong>That was mostly due to the news that the Huobi exchange in China will be adding steem.</strong></em></p>
<p><em><strong>Hold on, isn't trading restricted in China?</strong></em></p>
<p><em><strong>I guess not. Well perhaps it has to do with the fact that Huobi is moving to Korea, Singapore, and Hong Kong.</strong></em></p>
<p><em><strong>Either way though, this is great news for steem as Huobi is one of the largest exchanges in the world.</strong></em></p>
<p><em><strong>It officially starts trading steem today around 4 pm EST.</strong></em></p>
<p><em><strong>Do we see another pump at that time?</strong></em></p>
<p><em><strong>Me thinks we do.</strong></em></p>
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vote details (13)
@rollandthomas ·
$0.04
I think we see a spike in price, than exhaustion of buyers and some profit taking, before a continuation pattern higher.  So the pattern should look something like this:

 
![](https://steemitimages.com/DQmU5soV1aySq2SNRWNNgJXhzwTQ58KCTyaGhgBiRDvP4Zy/image.png)
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vote details (1)
@jondoe ·
$1.67
Ugh. Now I just read this on the Huobi page:

Dear users,



STEEM which was originally scheduled to start trading at 13:00, April 26(GMT+8) will be postponed. Kindly do monitor the announcement page for updates on the new trading date and time. Sorry for the inconvenience may cause.

 

Huobi Pro

April 26, 2018
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