Analysis Steem(STEEMBTC), with a pessimistic view , but with a beautiful Cup and hendle.

in #steem6 years ago (edited)

Analysis: Loved Steem

Analysis STEEMBTC 160218 Daily.jpg

Looking at the daily chart , we can see the formation of cup and handle.
The price could move to the 0.00036446 levels and fall towards the support: 0.00029315(Fibo 61%).

Analysis STEEMBTC 160218 240.jpg

Disclaimer:
This is only my opinion, make of it what you desire. It means it's not advice or recommendation to either buy or sell anything! It's only study meant for use as informative or entertainment purposes.
Do not invest much capital in only one crypto, know how to diversify.
Enjoy and I'd love to hear your thoughts and discussions below in the comments box.

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