Anything is possible, especially with this market, but the basic tend-line support on the yearly chart in a month will be just above where it is at now around $8,600. So if it did test $7,100 then, the odds are it would most likely pop back up well above that line and most likely past 10k and beyond fairly quickly. I find trend-lines on a yearly chart tend to have quite a strong validity on placing odds. That being said, nothing is ever 100% and most anything is possible, just not as likely in my view. All the best
Anything is possible, especially with this market, but the basic tend-line support on the yearly chart in a month will be just above where it is at now around $8,600. So if it did test $7,100 then, the odds are it would most likely pop back up well above that line and most likely past 10k and beyond fairly quickly. I find trend-lines on a yearly chart tend to have quite a strong validity on placing odds. That being said, nothing is ever 100% and most anything is possible, just not as likely in my view. All the best
May i have your attention on my last post on steem trend analysis? It's here
I really appreciate your time and comment
Thanks, @honarparvar :) I just commented there... Have a great weekend!
Thanks buddy, all the steem holders and contributers will benefit 😉