Tag: Cryptocurrencies

Indeed it bounce and tested 730 zone and went to 750 then it came down again. Adjusted the down channel. Possible consolidation to form lower highs descending triangle with 700 as baseline. Good to see steem volume maintaining over 1million daily over the past week, let see if it can maintain and add more volume. More volume = attention
Maybe it’s fake volume, yet to see real ownership.
stockpile for short : high (more slow bleed)
Short term moving average (day candle) :
RSI :
SBD/STEEM :
Weekly Timeframe :
24hr change :
Marketcap :81
Volume :328
Current supply :
Total supply :
Debt Ratio :
Daily supply :
Total account :

On 4hr chart, possible down channel testing the channel top resistance. Can it break above ? Likely not. Margin short on possible ascending triangle bottom, might look to bounce and build up short volume, they been missing in actions for quite awhile.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :138
Total marketcap :123
Dominance :52.2
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

In the first part of this series, the potential of Security Token Offerings (STO’s) was explored. The possible benefits of fractional ownership, expanded access to liquidity, compliance by design, and programmable assets were all highlighted. However, there are also many aspects of STO’s to be wary of.
Shackles to the Legacy Financial System
Security Token Offerings by design involve compliance procedures. Know your customer (KYC) and Anti-money laundering (AML) procedures will require personal information and documentation. It will not be possible to purchase an STO and remain anonymous. For many crypto enthusiasts, this alone will make security tokens unattractive. Purchasing such a token will essentially

Basic of supply and demand, and price of steem probably gonna head down lower via slow bleed effect in the coming weeks. I was just talking about the huge dump by steemit yesterday and following that, they started FULL powerdown and release of 10 mil SP delegation to steem.
On 4hr chart, test the low of 700 and bounce following btc movement. Despite the huge amount above, powering down will take time and as usual they are likely to do it via slow bleed. Possible down channel. Next support level around 680 near channel bottom. Distributed buy walls below 700 to