STEEM - 2 support lines destroyed
Hello all,
Here is the chart of yesterday :
Here is the current chart :
Yesterday, we were testing the support line around 0.49$ but today, due to the drop on the BTC, we broke that support line but also the next support line around 0.43$. We still have a possibility to come back upper that last support line and it will stay a very bad day today for the STEEM with a drop of 10%... What is disapointing with the STEEM is that we have difficulties to go UP during UP trend of the BTC and we are exagerating each DROP of that same BTC... Courage courage dear holders.
I wish you massive profits,
Cryptopassion.io
Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you 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.
.gif)
.gif)
Hodl man. That’s all we can do.
Posted using Partiko iOS
Hehe for sure, this is what I'm doing since long time. I never said the opposite ;)
I’m right there with you. The projects on steem give me hope for the future.
Yes we have nice improvement, not really done by Steemit Inc but more by the community.
I think bitcoin is dead, satoshi's vision destroyed.
Can you provide more information about your view? Why are you thinking that?
Major crash today, across all crypto!
Not really a crash for the BTC, -5% but for other crypto and STEEM, yes it is a crash. Let's see we are consolidating around support line so nothing is lost
when bitcoin go up 5%, steem go up 0.5% .....
When bitcoin crash 5% down, steem crash 10% down... this way steem will be destroyed. because it is losing value...
Yeah this is exactly what I'm explaining... kinda sad to see that
I think it is also somewhat based on the news of the PewDiePie from YouTube joined Dlive to Stream his videos on.
He has 93 million subscribers on YouTube and Dlive forked away from Steem to create their own blockchain called Lino.
Ok thank you for the information. Tbh I'm not always aware about all the nexs, most of the time I focus only on TA.