Will steem hit new high. Market watch 7 March 2018

tommyl33 (61)in #steemxp • 5 years ago

So will steem going up . Currently steem was testing resistance at 46 cent. If it close at new higher than the resistance today , it might going up and make new high by next week .

Time frame : 4 days

Yellow line where the resistance line have to be break in order the market continue bullish . On what i see , this bullish trend has been from few week ago , when market break the bullish flag ( blue box ) at red point . In next day the market try to repair but then the bullish preasure continue at green point ( we can see the volume suddenly going up )

Time frame : 1 hour

1 hour time frame show how marker movement in few detail . After a day sideway with most doji movement or doji bullish movement , the bullish market start their engine .

This is my personal opinion , we may see some correction market in this few day if it break the resitance . Or it continue huge sideway again and playing the market. “trade with your own risk”

Other crypto show good sign except etherium today (i looking to buy at support)