STEEM - Consolidating - Several DOJI

in steem •  7 years ago 

Hello all,

Here is the chart 2 days ago :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

The support line in orange has been broken but look the last candles. We have several DOJI and no volatility anymore. DOJI mostly show indecision and change of direction. A break out in one of the direction is imminent. As you can see on the chart, we had very nice move just before that short term correction and I think some buyers will come backs soon. Let's wait to see the direction that it will take.

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.

BARRE STEEMIT.jpg

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BARRE STEEMIT.jpg

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BARRE STEEMIT.jpg

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I can't see it breaking down again, no where to go but up now! :)

There is some:) I see STEEM plunging to 2$, check my comment below!

How do you see the perfomance for SBD @cryptopassion? I think Steem has reasons to go up, but we are in an unknown space with SBD due to the long lost peg with $1 and the now uncertain role of it on the economics of the platform.

It will plunge!

Great post understand doji worth may be traders buyets come back its a good sign for them from your post its bit sign of hope good chart explaination great work with kind information about the passion of cryptocurrencies

Great analysis! I think it could go either way too and we should wait for now.

It will all depend on what Bitcoin does, but I think Bitcoin is going lower at this point.

Great analysis.

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I think this time is the most appropriate time to enter into a purchase