STEEM - Still sitting on the support line at 2$

in #steem6 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

The support line looks very strong but we have also difficulties to take some distance from it. This support line must hold us during the coming hours and a UP move should come and go test the next resistance line around 2.25$. Any confirmed break of our support line at 2$ will invalidate this scenario so keep an eye on the current situation before any trade linked to the objective around 2.25$.

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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I hope steem goes to $10 before the end of next month. :p

That's the big prayer 🙏

I have an order placed on Binance at 0.0002141 BTC, I'd like steem to come down a little bit more for a while, so I can get my hands on some more at a knockdown price ...

I don't know how to interpret the charts but i saw that Steem and SBD are dancing around 2$ and in my opinion that's what you are saying as support line of 2$, and i am trying to understand the in and out of Cryptocurrency market by learning the trends so that in future when i grow then i can also take the benefits. Thanks for sharing this post with us and wishing you an great day. Stay blessed. 🙂

Steem is taking over😀

What is the different between bittrex and bitfinex exchanger.

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the risks will always be in the negotiations, with things to investigate and see the trust and the benefits that can derive from you. in this world of crypto is ironic because it gives a lot of money or cost to loan money to a brother or friend for some investment ... but we get a trust with these digital things that even if we are not sure we invest or risk

@cryptopassion

yeah what you said is true . I do agree with your analysis . we are sitting still strong on 2$ line but the breakout in btc helps us a lot :)

I think the next weeks move of Steem up or down will depends lot on Bitcoin movement....But you chart showing Steem may be start of a bit reversing trend at least trying very short term.

Yeah... True fact.
Thanks for the update. Nice post. Quite informative, educational and well-detailed. Very useful as well and updated.

Great Job @cryptopassion

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