STEEM - We are again testing the support line

in #steem6 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

As you can see in my last green circle, we just broke the support line. This break doesn't look very powerfull so it could be again a Bull Wick like we had during the last break of the line. Let's keep an eye on the Steem because we should have a break out in one of the direction very soon. If the break is confirmed, we will have an acceleration in the drop to go touch quickly 1.00$. If it is a Bull Wick, we should see the market going back upper of the orange line and go quickly test after the resitance line in Brown. Let's see who will win !

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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BARRE STEEMIT.jpg

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BARRE STEEMIT.jpg

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I'm still trying to figure out if we're in a disbelief rally or not. Also, if money will flow in to alts soon or if bitcoin will leave alts behind.

With a consolidating BTC, the whole of crypto world is starting its yearly boom! Enjoy and thank you for the information, as always.

Namaste :)

Great analysis, simple trend lines but they tell a whole lot =)

I have upvote you in your post please doo the same for me

The bitcoin boom is around the corner, so is the steem boom

Would like to see new highs with Steem and SBD. With facebook getting SO MUCH negative publicity, you'd think Steemit and the dev team would take advantage of that and make some new announcements on their developments. They may be losing an opportunity here.

I'm wearing your post.Your post has been much better. I will try to post like you.

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