STEEM HAS BROKEN ABOVE THE MARKET STRUCTURE
Steem is showing some great signs in the bullish market.
Not long ago, I made a post talking about the altcoins bullish market. Bitcoin and some other altcoins which are currently among the top 20 altcoins were showing some significant price movements.
However, steem was trailing behind as many people were still doubting the potential price movements.
Well, Steem turns out to prove many people otherwise. Steem has currently broken the whole market structure. From my experience, this is a significant breakout which suggests that, even if there’s a fall in steem price, the price is not expected to fall below the 0.45.
Current price Chart of Steem
Looking at the current price chart, the price has currently broken above a strong resistance level with high volume which suggests that, steem is currently in a bullish run.
The previous resistance level currently serves as the new support level since the price has broken above the market structure. The price is expected to consolidate within the new resistance target and the new support level.
In any case, anything can still happen. Hence, let’s keep promoting steem for a better future.
Ccc.
I was very happy when I saw the sharp increase of Steem. The strength Steem has gained will boost steemians confidence and it is my wish that ,it keeps increasing for the betterment steemit community. Thank you for sharing friend
No doubt about the fact that steem is currently on the run. Let's hope it keeps increasing and lets do our best by powering up.
Steem will surely get to the top.
Yeah that’s what I also think bro