STEEM - Powerfull Bounce

in #steem4 years ago (edited)

Hello all,

Here is the chart of my last analysis :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

What a nice bounce that we experienced today on the STEEM. We broke the resistance line around 0.124$ which was the previous low that we broken 2 days ago. So it is a good sign for the trend which is taking place as it is showing that the market didn't accept more than several hours that we stay under that level. Now I think the Bounce was a little bit exagerated and this is why we had a so big candle and now a correction. I think it is possible that we correct till the support line at 0.124$ to start a new bounce from that line.

I wish you massive profits,
Cryptopassion.io

Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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