STEEM - We broke the previous short term low - The break of the long term support line is in progress

Hello all,

Yesterday, I was showing you that chart, saying you that the support line in blue was doing its job :

Here is the current chart :

As you can see, the break of the blue line increased the drop and we even broke the long term support line in orange which was holding the moves since mid january.

This line is very important, look how she did well its work the previous weeks :

If we break it during a very short time, like the 2 previous times, we can use it to start a bounce. However if the break is confirmed during a longer period, this is really not a good news for STEEM. Let's see the coming hours and see if we are able to come back upper of that line.

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.

Interested to trade your cryptos like a Pro ?
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !

You prefer simply exchange your crypto with the lowest fee possible ?
With my daily exchanges of cryptos, I can recommend you the platform Binance