STEEM - Resitance line tested but we failed to stay upper
Hello all,
Here is the chart of yesterday :
Here is the current chart :
As predicted yesterday, we have tested the resistance line in red. Look that big candle, we reached quickly the 2.20$ but we were not able to stay upper of that line and so the drop came back.
We are now sit on the MMA50. Why this MMA is important? Because a break of the MMA50 means that the current trend (short term) is broken. If we stay upper, we are still in the trend created by the Break Out of the triangle so an UP trend. So we could go test again very quickly the resistance line in red. If the MMA50 is broken during the next hours, the target will be the support line at 1.50$.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
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Nice article but damnnnn what a whaleeee :')
Insane stack of Steem, how did you even manage to get that rich? Teach the little ones...
Respect.
Hello,
trading, early adopter of some crypto projects, investor.
Nothing magic, lot of work and risk but sometimes it pays but tbh it is not the better period, it was more funny some months ago with a steem around 7$ and SBD over 10 ;-)
Take care
By the way, I like your articles. Contact me on steem.chat or discord (discord.gg/Jfsp7Yu) I would like to discuss with you ;)
The discord invite has expired, would love to have a chat from time to time.
Feel free to add me: #8504
See you soon ;)
Hey I have been observing you for a while just wanted to ask why your post normally comes in twos (twice a time)
Reveal this post
Hello.
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1 vote and 16.42$...Amazing...This is whats called reputation.....BTW....bro,
Please lemme know about How will I be benefited if I resteem this post.
BUT... does TA really work in these dark times?
Buy signal? 😎
thanks. have a nice day