STEEM (STEEM/USD) Recovers support price after ABC correction

The price has returned to values of $ 11 cents after the abrupt drop in the price of Bitcoin

Let's see

If we analyze the graph we can define an ABC of correction that led the price to stay up to $ 0.08 dollars of correction at its minimum spike value

• Then we see in the chart that the price has recovered in a few hours the price of $ 0.11 dollar that has once again made support.

• Now $ 0.15 cents is acting with resistance.

We should exceed $ 0.15 cents to see Steem continue to recover previous values

What do you think?

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The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.

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