STEEM - Little correction towards the support line at 2.58$
Hello all,
Here is the chart of yesterday :
Here is the current chart :
There is a little correction in progress and I think we could go test the support line at 2.85$. If the BTC doesn't drop massively, that support line should hold the correction and allow us to do a bounce and go test the next resistance line at 3.25$. Anyway, the current support line on the BTC must hold also to allow us to do that scenario so as always don't focus too much only on the STEEM.
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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Is this Steem or SBD
With Steem this whole support and resistance makes no sense to my brain because all of a sudden someone place a sell or buy order of 50,000 Steem and the market starts panicking..
Thanks for the charts and also for the information.
What do you think will happen with sbd?
thanks for giving us information
Great analysis. Thanks for sharing. I look forward to the day when Steem is no longer tied to bitcoin.
Let's hope it holds. So many mixed signals on the market right now. I think we need more regulatory clarity before a bull run happens.
Good analysis on Steem