Steem tries to break strong resistance level

in Technical Analysis2 years ago (edited)

(Tradingivew Steem/USDT 4H chart)

Steem price fell short of expectations last year. Steem price remained flat while other cryptocurrencies increased. Steem price increased very well in February. Especially in June, there was a huge drop in all cryptocurrencies. Although the Steem price also dropped a lot, it recovered afterwards. He performed very well during the bear period.
There is a very strong resistance around $0.589. There have been a few attempts to break this resistance, but that resistance has not been broken yet. I think this resistance will be broken soon and Steem price will rise as high as $0.80-1.00 in 1-2 weeks.

I have a few conditions for this. Bitcoin price should stay at this level for a while. Steem's trading volume should increase a little more.


We are looking forward to seeing the bullish market of steem..

Thank you Sir💖

@tht.. please support me...🙏🙏

[WhereIn Android] (

Won't you participate in crypto academy anymore?

I will take a break for 2 weeks. I started Powerdown and had to do that. Therefore, I will not be able to attend the academy courses.

But i read that the users who powered down their SP won't be able o participate ever. Then how can you participate.?
Anyways, you are such an active and amazing user. God bless you.

There is no such rule. Where did you study? That would be a very strict rule.

I started Powerdown

Ohh this is a reason, I come to your profile to know if everything is alright because did not see your entries for a long time.

#india #affable

I had to start the powerdown.
Because in my country, there will be regulations about cryptocurrencies after a while. A very heavy tax may be imposed. I took the precaution.

I'll be back in a few days.
I learned a lot from you professor take care.

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