STEEM - Is it a Bull Wick ?
Hello all,
Here is the chart of yesterday :
Here is the current chart :
We broke the support line in orange during some hours. However, we have been able to go back upper of that line and we are now going in the direction of the resistance line in brown. This kind of pattern is usual and is mostly done by big hands to afraid little hands on the market. As soon as the little hands sold their coins for cheap, the big hands start to buy back for cheap also and this is why we call that a bull wick. Let' see if we will be able soon to go test that resistance line.
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.
Do you want them spendable directly via a dedicate plastic Visa card ?
Do you want receive back 0.5% of your spending in Bitcoin ?
I recommend you the platform
*** Vote For Me As A Witness ***
Hopefully a bill run and not more bullsh@&$t! 🤣
steem will be back at $5+ before the holidays
I hope so! I missed out on back when it was up to 7+, but I would be so happy to have it at 5. I'm not sure what it will take to get there though. Growth of the userbase? Speculation? Being on more exchanges? Regardless, we've done it before, so I suppose there is some cause to be optimistic.
I hate to jinx myself or anyone else but it does seem like we are finally on the bull run that we've been waiting for.
This post received 0.54 SBD upvote from @tipU funded by @cardboard | @cryptopassion now has a chance to win free @steembasicincome share :) | How to receive upvotes | For investors.
Excellent post in Bullish atmosphere let us feel profit once again like crazy
Upvoted post , following you @pksur
Nice analysis.
Altcoins and Bitcoin can not be in bull period at the same time. Mathematically, money flows into one or the another, but only in USD they can keep value. If you look for the same logic as the standard stock exchanges in the world, the result will be frustrating. In the last few days, almost all the Altcoins were red, which is why the BTC focuses on the bull with the reason of ETF. All altcoins, including STEEM, will increase soon. BELIEVE !
good concept sir..and nice analysis..
Great charts analysis.
If you have time look also to my Steemit analysis: https://steemit.com/steemit/@imusaj94/steemit-usd-my-analyse
Thanks
tipuvote!