STEEM - Resistance line broken - Previous Top to test

in steem •  10 months ago

Hello all,

Yesterday, we were breaking the resistance line but like on the BTC chart, it was a Head Fake

STEEMUSD.jpg

The next objective now is to go test the previous BOTTOM where I traced you a red Line. One possibility also is to break that line a little bit before having the UP trend coming back. Let see the current pattern that we will have at that level.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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bitcoin is here to stay, and having recognised that, even institutional world is doing what they might have done at the beginning of 2017, and getting ready to dine at the crypto table.

steemit is going up from here! Hurray :)

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Haha yeah! If this continues, all of us will have a happy new year by 2019

Another great opportunity to buy some cheap STEEM!

What?? That sure is bad news right?? We can't say for sure when we're going to bounce back.

"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”. ― Warren Buffett

I really hope your predictions come true!! :)

at both scenarios, we must wait for a strong bullish candle from that determined zone to confirm the start of the uptrend

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@cryptopassion Its down about 14% today which I dont really mine as everything is being trashed by manipulation of the markets, but has always with every huge drop comes an even bigger correction! So all us steemers have only good things to look forward to! Thanks for a great post keep up the good work!

Opportunity to buy some cheap steem. But on the other hand i am much afraid about what's going on ? It's going down regular Up and down Too much fluctuated @cryptopassion

yess agree with you buddy about that we shouldn't invest more than we can afford to lose.
In my opinion, SBD will hit 50$ by end of 2018 and that time will be great for all steemit community.
Btw THANKS for the awesome info

The prize of Steem going up for long term.so hold.Thanku for giving me information.

Breaking of resistance line is good omen for a bullish ride.

It will be really a great thing!!! I will buy some steem

I wish I have the capacity to invest so I could expect more in the future.

I don't think this has any logic to it, it just moves according to how the big guys want it to go, we can't predict this- they can.

Yeeeees!!!!!. Keep going up

Steemit will be HUGE by the end of the year HODL HODL HODL!!!

I hope so, I just added to my position yesterday! Upped and following friend.

The charts never lie, a bit of white lie here , a snippet there. In all , it looks like Steem be headed for a climb, i got my mountain boots :D

Let's hope for the profit of all ^^. Nice post @crpytopassion.

Steem will still not go so far up, about I belive in few weeks we will see significantly improvement.
At leasts I hope so.

Hi Steemers, related to this article have a look at this supporting article, it may bring you many answers and future hope : https://steemit.com/cryptocurrency/@pharmacy-jinni/a-retrospective-study-of-cryptomarkets-linked-to-chinese-new-year

Really crazy the progress that has been made already really.

Very brilliant analysis, thumbs up.

thanks for good info

Good afternoon, I am new to this community, and I see that many people write about finances if we could say, and I am passionate about this topic, I will follow you to be more informed and nurture myself day by day.

I think this is a very possible scenario, but since most of us are anyway bound longterm to STEEM, these short term trends won´t matter that much.

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I really enjoy the analysis. I will stay updated thanks.

nice analysis! check my channel for stock trading !

Very informative sir thanks for sharing. Hope you will notice me ^_^ i upvoted you sir

thank you bro

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