STEEM - Pattern in W

in steem •  5 months ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

We are still not able to go back higher than our resistance line at 3.65$ but this objective is still not yet invalidated.

The steem is currently creating a pattern in W that I drawn you in green. This kind of pattern is bullish and it could help us to go break that resistance line and go back between our 2 lines. Let's see what will give the coming hours. If that objective is invalidated, we should have a drop to go test the support line around 3.30$.

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.

BARRE STEEMIT.jpg

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BARRE STEEMIT.jpg

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to breakout we need a strong position above 3.6. its looking like in the coming days the market will experience a downtrend and then start looking upward at the end of the month.

Hello cryptopassion!

Congratulations! This post has been randomly Resteemed! For a chance to get more of your content resteemed join the Steem Engine Team

Thanks dear for sharing cryptocurrency news .I always see your post and resteemit done dear

Thanks for sharing @cryptopassion!
I hope Steem broke this resistance and go soon beyond the moon!!
Regards

I'm not sure if the techincal analisys is working when it all comes down to fucking trash which is BTC

Hey @cryptopassion

What are your view now. We broke $3.30 but now moving around that. I am looking for volume mainly either upside or down.

As you said.."Never invest more than what you can afford to lose"...
impresssed...great words!!

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Don't you think that ot might also create a double top?
And that it also needs some more volume to break the resistence?

I'm just looking to establish a position in the Steemit community, and would appreciate to find some people like me, so we can mutually support one another. subscribe @coinlocket