STEEM - Pull back on the line we broke yesterday... Not good sign :(

in #steem5 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

We just did a perfect pull back on the line that we broke yesterday and the drop is starting again. This kind of pull back is usual before an important move, here a drop so it is really not a good sign.

If we compare this chart with the BTC chart, the BTC has not yet validated its pull back and could break the line which is now a resistance to go back in the trading canal. I think that it is the last opportunity for the STEEM to avoid an important drop. If the BTC is confirming also the pull back, be sure we will have an acceleration of the drop on the STEEM.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, 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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Who cares about the price of steem.
It's a Steemfest time.
Everyone is happy.

wish i was there

This looks not good... what you think will ne the Next stop? 0.7?

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