Well, Damn! Look At STEEM Go! North of $8 USD Today, wow!
We all knew 2018 would bring great things, but damn! This is crazy. I knew STEEM would rise, especially after the first candle open above the 50 Day Moving Average, back in December 17, 2017.
Now what? A POSSIBLE GOLDEN CROSS COMING
What's a "Golden Cross"?
What is a 'Golden Cross'
The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.
image and quoted material via Investopedia.com
5.98k BITCOIN TRADED in STEEM January 1st.
The Two Moving Averages That I'm Using Are 50 & 90 Day
This suggests a possible longer-term breakout is possible (as if it were not obvious by the massive upward move). If the 50-day moving average crosses up through the 90-day moving average this would suggest a confirmation of a bullish Golden Cross situation for STEEM. That's good news for us and great news for anyone earning STEEM!
This, like everything in life, is not guaranteed. However, this post is not meant to be investment advice - it's encouragement to get your ass to work! 😆 And if you're not on Steemit yet, scroll down and sign-up.
Time to focus on creating quality content and really bringing value to this place (nudges the shit-posters). But seriously, we can do a lot to improve the quality of content on this platform. Let's get to work! If you invest, your due diligence is necessary - good traders get rich while bad traders go broke - knowledge is power. Working toward a better community starts in the streets...
I am thankful for all that I have...therefore I have all that I need
Whatever comes is a bonus. I'll welcome whatever scenario that comes - good or bad. I'm very thankful to have had the opportunity to earn STEEM on this platform. It'll certainly help expand my tomato farming operation this year and will enable me to share more produce with more people. I will definitely be able to give far more than I was able to last year and that's a beautiful opportunity - one that I'm very grateful for. This has been a real help to my family and my garden - not to mention my crypto portfolio!!! Holy smokes!!! Counting my lucky stars, one by one...
I just wanted to share a few thoughts and charts with you and I hope that everyone has a firm grip on this rocket. Things could get very wild here, very quickly. I don't want to publicize my guess-timation, but hit me up if you really want to know... 🤐