STEEM - Support line at 0.43$ broken
Hello all,
Here is the chart of yesterday :
Here is the current chart :
We just broke the support line around 0,43$ and it is really not a good news as we broke also the previous low. If that break of the previous low is confirmed with the current candle, we have high propabilities to go test the next support line around 0.39$. Steem has really difficulties to take advantage of the UP phases but is very good on the DOWN phases...
I wish you massive profits,
Cryptopassion.io
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Let's see how this develops, maybe it's a trap before going up again. I don't know, if it stays too much there I'm afraid we are going down.
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yes it is possible that it is a trap, the market is very difficult to understand these days
The problem is it has low capital and it's easy to manipulate.
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Yes and now, the cap is around 100Mil+ so it is not so easy to manilpulate, even it is easier than BTC
Thank you for this valuable post. Although the screen is not good and shows some disappointment I consider that steem again broke up the support.
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Yeah not a good news for Steem. The BTC, tbh, we have some correction but we are talking about 2-3%, but the STEEM, it is really a bad period for it
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@cryptopassion, Unfortunate to hear that but whatever it is let's hope that soon market will come into the balanced state and let's hope that we can see some steady uptrends.
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Let's hope my firend. Steem is important for all that community and yeah I did some investments in it, sad to see all that
Have a great time ahead.
Let's hope my friend. I wish you lot of success also
Thank you so much for your kind wishes.