Hey Guys,
Hope you're doing good.
Just thought to share review on Steem/Bitcoin pair -
Currently, Bitcoin is on the way for minor corrections, whereas Steem has just picked up momentum from ~$1.05. We can see considerable support established within past few months movement is nearly ~@0.000195.
If it breaks that support, which I believe hardly possible, further approach to major support will begin where it can strive to reach nearly ~0.0001380. If Bitcoin takes momentum meanwhile, it can reach to that support level, supposing Steem's price movement remaining stale/bearish as it has been shown since last few days.
Although, I hardly predict that pair price will reach out to major support line, expecting begining of bullish movement within coming few coming days.
The purpose of sharing review is -
* Share some analytics on price actions on these cryptos.
* Another one, I believe its good time, you can go ahead increasing Steem balance, as to trade amongst these pair even for long term can prove beneficial for you.
You gonna get best deal selling BTC to take over for Steem..!!