The Price of STEEM Doing What I Tell It Do (if only that always worked!) by scaredycatguide

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cryptocurrency · @scaredycatguide ·
$51.53
The Price of STEEM Doing What I Tell It Do (if only that always worked!)
Steem has made a nice little run of late and topped out exactly where I said! :-)

On the last episode of the  Music and Money show's crypto check segment we looked at the price chart of STEEM among others. (Were you listening to the show?  Why not?  Tisk Tisk!) 
___
Tuesdays 8pm UTC -  You can listen here: http://mspwaves.com/home/listen/
___

## But I Digress....

![](https://steemitimages.com/DQmVkXDDLjEYBPtAwGHWmsSGM2R8MYz47mXTFVKk2mFD6V1/image.png)

Looking at the chart you can see the price levels drawn showing us the ranges and both upside and downside targets.

After STEEM established itself above the $2.60 range (prior resistance) the next target was the opening/closing highs reached back in August 2016 (which in crypto feels like a decade!)

## Sights Set

That prior high of $4.30 is the target we marker and STEEM decide to listen and as you can see shot up to test it before pulling back down.

I love the fact that it got up there to test it, it now puts that price in play.  We have new price action there it is no longer the land of the lost!

## Conclusion

So now we are established in this range: 2.60 to 4.30.

As long a we stay above the support, the 2.60 then we are bullish with an upside target of a price close above 4.30.  Establishing above 4.30 is the goal as that will then set up price to make a run at those all time intraday highs at $5.

___


### Some things I use:
+ [Coinbase](https://www.coinbase.com/join/57bb94d84f92db03ca5f19b4) to buy Bitcoin, LTC, EHT or BCH
+ [Bitconnect](https://bitconnect.co/?ref=Mitch78) to earn daily interest lending my bitcoin (using speculative funds)
___
![steemittags.JPG](https://steemitimages.com/DQmWtucb9z95znZ6jWgBBFJJoth1UiskdAcbJWWWrJ5zPKX/steemittags.JPG)

Best Regards, 
![600x150EmailHeader.jpg](https://steemitimages.com/DQmQWhzGLmeC7RCJohAuhCmxyD7w5HqUXfHPbR4Ui1HRjBs/600x150EmailHeader.jpg)

Disclaimer: All content in this post is my opinion and for educational purposes.
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 33 others
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vote details (97)
@berkanozturk · 
I would be delighted if you propose to browse the location of the big Bitcoin bloggers and proceed with such video clips. I try to progress by taking proficiency and example to you. Thank you :)

https://steemit.com/dtube/@berkanozturk/m10pb5jg
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@aussieninja · 
I haven't been keeping track of it at all... but I've got a position on both this platform (obviously) and Bittrex (it's holding my Steem hostage) so this is very exciting.  I'm in Steem for the long haul, but this is all extremely positive.
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@scaredycatguide · 
It's been a loooooooooong time coming.  Hopefully the price action remains positive.
👍  
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vote details (1)
@aussieninja · 
A long time for you maybe, all us newbies just got here and everything is rocketing and being super great.  

As a newbie... thanks so much for doing all the hard work for like 2 years... we honestly really do appreciate it.
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@simivalleyjeff53 · 
Steem has been bullish lately and I hope it lasts.
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@reidlist · 
You should predict that it'll hit $10 while your magic powers still work!
👍  
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vote details (1)
@scaredycatguide · 
Haha, someone else said that.  I'm going to "predict" it on the next episode of my show so it's out there in the universe, thus making it a possibility! :-)
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@resteemable · 
**Your Post Has Been Featured on @Resteemable!** <br> Feature any Steemit post using resteemit.com! <br> **How It Works:** <br> 1. Take Any Steemit URL <br> 2. Erase `https://` <br> 3. Type `re`<br> Get Featured Instantly – Featured Posts are voted every 2.4hrs <br>[Join the Curation Team Here](streemian.com/profile/curationtrail/trailing/943)
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@forexbrokr · 
Great call mate.  

Now where's the dip going to bottom out?
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