STEEM - Resistance line at 0.39$ broken

in #steem5 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

As usual the STEEM has some delay but is continuing to follow the BTC? So the resistance line at 0.39$ is now broken and we should go in direction of the resistance line around 0.43$. If the BTC is doing its pullback, we took some distance from our support line so we could do a similar pattern and make a pull back on the 0.39$. Let's see, this scenario is not mandatory to test the 0.43$ level.

I wish you massive profits,
Cryptopassion.io

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Hope to see the 3-6 USD times again :-/

Hope the HF21 will have positive effect on steem price. By the way, when will this HF21 would take effect?

Sorry guy I don't have any idea, check the Steemitblog for this kind of info

I am not sure that the effect will be positive. they want to change the author curator split to 50/50 and this sucks!

I don't know, it does not seem like steem is actually following Bitcoin any more, just seems like STEEM is spinning our wheels! lol We are still at 39 cents, and Bitcoin is at 9K! Last time steem was at 39 cents, years ago before the big spike, Bitcoin was at 1Kish if I remember correctly! Seems like Bitcoin is growing in leaps and bounds compaired to steem. This week I just bought some more Bitcoin instead of adding more steem or any alts because Bitcoin is actually doing something!! I'm worried about steem these days!!! Not sure seems like every other project gets high price but us, I'm gettng board of STEEM at these levels for sure! yawn! Steem just has too many sellers, i'm sure @dan has a sell bot that still buys and sells just to keep us low! If any of us ever sell, like if i powered down, steemit would surely go to the moon! There are dark forces at work holding my steem down, don't want to see me become a billionaire! lol

It is exactly the same for all the altcoins. The altcoins didn't reach the half of their value before the correction. Look and you will see it is exactly the same. Now I'm agree with you that the STEEM didn't perform well the last months but it is anothe story.

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