Steem Listed In Perpetual Future on HTX & Steem Market Technical Analysis || Steem Alliance Community.

Hello Everyone,

Good morning everyone, how are you, i hope you all guys will happy and good. By the grace of God, i am also good. Today i am here with new post in which i am going to share my analysis on steem coin. I will share the bith technical and fundamental analysis. So lets start.

Steem is making the down trend path from the last two days. It was at 0.33$ then start to make down trend and stop this downtrend at 0.2525$ level. It is making the top and bottom pattern by following the downward path. First of all, we look into steem chart and try to do the technical analysis.

If we look into 1 hour chart then you can see in the abive screenshot that steem has successfully break the downtrend pattern and now it is trading at 0.2715$. But it will retest the breakout level again, if the seller pressure will high then it will again follow the same trend. But it will bounce back from the 0.2642$ level. I have make the circle on the top ans bottom level in the above screen to analysis the next movement.

In the 4 hours timeframe, you can see that mqny time steem test tye support level but can not break it. Candle test the support and bounce back again and again. So it means 0.24$ is the strong resistance level for steem.

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Another biggest news that i want to share with you. HTX exchange has added the steem/usdt pair in perpetual futures with up to 20x. It is the authentic news that is publish from the official X account of htx.

Today i download the HTX exchange and confirm its listing on htx. You can see in the below secreen shot. Now three exchanges (bybit , Htx , binance) add the steem in perpetual futures trading.

What you think about steem in future and what is your plan in future about steem. It would be my pleasure if you will share your opinion and reviews about steem price and cyrrent market situation of steem.

Please cast witness vote to @bangla.Witness or set proxy to @rme.

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