STEEM where the price goes
I want to share with you my observations about the price of a coin STEEM .
Of course her age is not great and in comparison with bitcoin, one can only say childhood and talk about any established trends is still early, but still something that is observed with constancy. I took the basis of promezhktok from the beginning of 2017goda. In 2016, the value of education was based either on the hype or on luck, gradually calming down and indicating a more or less real (market) price.
The first period is growth since March 2017. The price increased from 0.00008904 BTC to 0.00067003 BTC. The growth lasted 4 months. Then came the fall period. The price has decreased from 0.00067692 BTC to 0.0001 BTC. This decline continued for 5 months to November inclusive.
The second period is growth since December 2017. The price rose from 0.0001 BTC to 0.0048951 BTC. Growth is only two months, but steep! Again, the decrease from 0.00048955 BTC to 0.00021801 BTC. The fall lasted 2 months. And again, the U-turn.
The third period is the month of April. The price increased from 0.00021801 BTC to 0.00048951 BTC. The turn and fall that continues so far ...
Today, the course Stiem 0.0002549 BTC.
Regularities. Growth is always shorter than falling. When the market falls, the process is more protracted.
If you look closely at the numbers, you will notice that, in fact, the coin is constantly growing. In each conditional period, the fall was never below the price at which growth began.
First period: 0.00008904 - 0.0001
Second period: 0.0001 - 0.00021801
The third period: 0.00021801 - And?
I would very much like to assume that now the price is at the support level. Of course the price may drop and lower, with the increase in volumes, but I follow the pattern, the period should close above the opening level - 0.00021801 BTC. If we consider the time, then according to the same regularity, the reversal should occur in the next couple of weeks.
Something like this.
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