Merry Christmas all! Due to price dropping, I wanted to post a quick update. Yesterday I said we needed to see the daily candle close above the $4,120 resistance and the golden pocket (area between the 0.618 and 0.65 fib levels). Unfortunately, this didn’t happen. The bears we’re able to push it as low as the $3,800-$3,600 support.
Looking at the daily chart, we can see price is back below the 21 Day EMA. If the daily candle closes below this level, it might signal lower prices to follow.
In today’s video analysis I discuss where prices may be heading next, key
It will be used to post updates, but also for tests of the new social site.
Basic concept – Social site that includes user blogs and subsites that integrate with Steem.
For the Steemit gatekeepers, please follow the link at the bottom to this post on Scrips.io for verification. We currently have no other channels, but we are who we say we are, as you can see.
Scripsio is based on the Latin “scripsi”, meaning “I have written” or “I wrote”. The term is most familiar in Pilate’s retort (translated to Latin),
Quod scripsi, scripsi
(I have written what I have written). We found it most fitting for a social site that strives to allow for freedom of expression, honors your content as your own and uses blockchain to bolster the experience. The “o” on the end is a mix of branding and the fact that there is no “.si” domain available.
That’s not really our logo… well, not yet. We’re still in the process of branding, so maybe it will be. We’ll see.
For those who are adventurous, feel free to set up an account. As of today, you can’t even set up your profile. But we’ll get there. Feel free to engage and kick the tires. We’ll put them back on if something breaks.
Thanks for reading. Watch this space for more from Scripsio.
No, that’s not our logo either – well, we don’t know yet.
