STEEM - Confirmation of the first fail - Let's wait the secondsteemCreated with Sketch.

in steem •  6 years ago 

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

We can see clearly today the confirmation of the fail that we had yesterday when we trail to break the resistance line. However we can see that we are trying to go in again in the direction of that line. We should test that line soon and let's hope we will be able to break it.

I wish you massive profits,
Cryptopassion.io

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Thanks for posting this! This is the most positive chart I have seen since the bear market was confirmed.

Posted using Partiko iOS

For the moment all crypto markets depends on Bitcoin. Until we see a decisive rise in BTC the entire market will remain similar.

I'm not agree with you. Look by example the Steem, we had great moves the previous weeks while BTC was not moving at all and even droping. For sure any moves on the BTC is impacting all altcoins as we have pairs altcoin/BTC but each altcoin has his own little life also.

yep, it's almost pointless to try and do allot of TA on other coins, because when I go through my watch list on TradingView, I can't tell which one I am looking at, they are all the same, lol. Granted a couple are different, but you can pretty much tell what they are all going to do by watching BTC. Also check out the TOTAL chart on TradingView, I have heard that is the chart that the institutions are really watching. It's an overall chart of all cryptos, and it is identical to BTC, lol.

It keeps testing that 200 MA, not good 🤷🏼‍♂️😂

Posted using Partiko iOS

yes the more we take time to test it, the more risky it becomes and we have a risk of a drop but let's see...

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I will have a look on it soon.

I feel a break coming on. We can do it!

Yeah one break out is in preparation, let's just hope it will be in the good direction...

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