Steem price heading towards strong support levelsteemCreated with Sketch.

in #steem8 years ago

The steem price is heading towards a strong support line where it previously showed a strong reaction and went up.

Even though I don't day trade anymore I will keep a close eye on the price the next few days as we either see a bounces for a third time at the ~ 0.00018 BTC level which would be a good indication that we might found a bottom, or the price will break this support as well.


Screenshot of the daily chart shows that we approach a previous support area where price reacted strong to the upside in the past.


Same line shown on the 4h chart.

Please note that this is just my view and no trading advice whats however

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