STEEM/BTC Hit the Bottom and going UP now ? [Chart]

in #crypto-news • 8 years ago

STEEMs price is down again after latest run to 0.001

Is this the bottom yet and time for retrace? Lets have a look.

We did cross the mental barrier of 0.0007 on Bittrex in last 24h:

Poloniex was also close:

Heikin Ashi

Shows that we bounced from 0.0007 and we are trying to go up.

Renko

Also tries to show up we hit the bottom.


So this looks like a bottom but...
Yet we need to keep in mind the 0.0007 was crossed already which means there might be correction after current run up which shows us even higher lows.

If you are into STEEM for long term/powering up this changes are not meaning a lot but if you are day trader you should keep eye on the support line right now.

For charts and cryptocurrency info follow @kingscrown

#steem #bittrex #poloniex #trading
8 years ago in #crypto-news by
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     8 years ago (edited)

    Upvoted, but I'm not sure, if we already saw the bottom. I bet we will go down to 0,0005 BTC per Steem next, before the downtrend is over.

    See https://steemit.com/money/@twinner/steem-btc-rounding-bottom-ahead

    [-]
     8 years ago 

    oh of course, we dont know. if this breaks 0.0007 again - then we may go below last 0.00069 - probably we will see soon - maybe even tonight?.

    this is just one scenario ;)

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       8 years ago 

      Thanks for the great update! Upvoted and followed!

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