STEEM - Correction created by the BTC

in steem •  14 days ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

I was saying you yesterday that I was not convinced by the break of the 1$. It is now confirmed and that line didn't support us at all. We got a drop till 0.80$ and we are currently coming back around 0.85$. The main problem is the correction of the BTC which could send us much more lower. The 0.80$ level is a nice support level but don't expect that it well help us if the BTC is correcting heavly.

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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buy low now sell high later...

yet, another downfall today

Do you think that SBD is stable because it is traded on less exchanges? i have been thinking about buying some steem while its low. Averaging in over the next so many months while seeing the price trickle down but am wondering if it would be a good hedge to allot an amount to SBD as well so that as price appreciates I can start trading it for steem. What do you think?

Nice, beautiful and informative. Keep sharing, great work!

The rise was really surprising but I didn't thought of it as intriguing.