Let's Revise our Hot STEEM Breakout Down to Lukewarm...
Coin Telegraph
GOOD EVENING STEEMIT!
It's Sunday night in Sydney and I'm back from my weekend away down the coast. I'm now sitting in my bed with my laptop doing some crypto charting, pondering where it all went wrong in my life.
Ah yes, that's the post-holiday depression setting in nicely.
China continues to literally pull damaging headlines without any factual backing out of their arse and the fact my portfolio continue to bleed certainly doesn't help.
To cheer me up and to ease me back into the working week, I just wanted to post a quick update on last week's STEEM breakout blog.
Here 's the STEEM daily chart that I wanted to focus on:
STEEM/BTC Daily
So as you can see from today's chart below, things didn't quite go to plan with the breakout...
BUT:
STEEM/BTC Daily
While price failed in to continue stepping up on the intraday chart like we spoke about in that last STEEM blog, it has retested what is now a confluence of support.
The break out WILL come. It's just a matter of when.
Peace.
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Fantástico
Yes, sure thing.
Nice topic I like this post.
Thanks for sharing this post...... Fr
You're welcome.
I think it's likely we're in a period of consolidation. As you stated, the China news has given the market a jolt and uncertainty currently reigns.
I'd be holding here waiting for further downside to materialize. If we consolidate here, then we can look to add small bites here and there until momentum returns.
Thanks for the post! Upvoted and now following. Cheers!
I think I'm agreeing with you here. Have to let the dust settle before we will see a jump.
This post recieved an upvote from amalia. If you would like to recieve upvotes from amalia on all your posts, simply FOLLOW @amalia2018
I do not wish to receive upvotes from her. She is weird.
Nice post
Cheers lad.
Good night
Mwah.
Good post you got new follow @forexbrokr
Cheers.
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STOPGREAT info bro
Cheers braaa!