STEEM - Pull back from Resistance Line - Bounce from Support line
Hello all,
Here is the chart of yesterday :
Here is the current chart :
The Steem really doesn't know which direction to take. Yesterday it tested the resistance line (higher red line) and it created an immediate pull back. This pull back went to test the support line (lower red line) which created an immediate bounce.
As you can see, it becomes very hard to trade between all these lines except if you are doing scalping trades, I mean the trade of very little moves. For my part, I will wait that the market takes a direction and I will follow the trend when it will be done.
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.
With my daily exchanges of cryptos, I can recommend you the platform Binance
Do you want them spendable directly via a dedicate Visa card ?
You prefer a quick transfer on your bank account ?
I can recommend you the platform Wirex
Go, Steem, go!
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
Thanks you for sharing this useful post,it helps alot
Steem to the Moon!...:)...
For the most part, Crypto has been in a "wait and see" mode for a few weeks now
Please am very sorry to ask, i want to ask if i may see an upvote from you please,am new member in steemit,please welcome with upvote, i know you can do it for me and i will be happy if you can do it for me @crytopassion
@cryptopassion Help BRD give away some free money!!! https://steemit.com/crypto-news/@breadapp/the-final-week-of-the-brd-airdrop-is-here
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
thanks for share this
chart
Congratulations @cryptopassion! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
To support your work, I also upvoted your post!
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP