STEEM - Could test soon the next support line around 3.70$

in steem •  7 years ago  (edited)

Hello all,

So yesterday we were breaking of the support line :

STEEMUSD.jpg

The market decided to continue the drop and we should now go test the next support line in read :

STEEMUSD.jpg

We should test it in the same time that the BTC will test his downtrend line so I expect a reaction of the market also on the STEEM.

Please notice that we don't have many other support lines after that line in red except the previous low around 2.70$. If we break also that line, it is possible that we go back to the 1$ that we were holding during many months so I hope that scenario won't happen...

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.

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Boy I really hope so I would love to spend another bitcoin and get some more.

yeah its best time to invest in steem

This comment has received a 0.27 % upvote from @booster thanks to: @jassi.

To the moon my brother

If the whales let us.

I really hope that the crypto markets can turn back around. I know they can't go up forever but these technologies seem like they have real use so it would be a shame for th governments to bring it all down. A lot of people would lose money on the chance they took on cryptocurrencies.

This will be a bad news if we go below the second red line, which means moving towards 1$. God bless all steemians and investors.

Great one boss
I wish i could upvote this $100 with a 100% power
But i am just a fresh baby steemian.
Anyway, i will love it if you upvote my post on my blog to put me in a better form as a new steemian.
Thank you

Welcome

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.

I held off on converting some SBD to STEEM today when I saw the price change, I am going to wait until Monday to see if there is a Monday morning dip, what do you think?

I'm new on steemit and I don't know much about this platform. I see you know a lot about steem. Did you make any post explaining steem to newbies? If yes, I'd love toread it so I can understand Steem and crypto better. Thanks

whatsapp-image-2018-01-29-at-6-j660xur.23.24 PM.jpg

I hope not to pass the support line but I have decided to walk on steemit.

thanks for the insight, been waiting on the right buy in point for steem

February has not been faithful to SBD

Wonderful, thank you for that information and please keep it coming.

Sex sells.... they exit scammed us in a glorious fashion! Read below.

https://steemit.com/bitcoin/@marioiii/best-exit-scam-so-far

Just picked up a couple of steem dollars for $3.70, hopefully it goes back up soon :)

thanks so much for infomation for steem , really this information and your analysis of the future of the steem is very wonderfull and great.
thanks u so much so good luck my dear friend @cryptopassion
You really are a wonderful and successful person @cryptopassion

I think 2018 will bring some radical change in the market, let's hope for the better fro Steem :) and above all work for it, powering up and promoting is the keys guys ;)

steam will be high .. hopefully

Technically u are great bro. I upvote u. Upvote my comment too. Thanks.

To be honest though steem is holding up better than just about any other currency as far as I can tell.

If steem goes back down to a dollar and all the other currencies do what they've been doing....... then Bitcoin is going to be like $2000 a coin.

I think this is just a bump and steem is going to go up

Don't mind if it falls down to $1 also. Gives me a good opportunity to buy-in. Now that its available on binance too its much easier to buy more.
It will fly when time comes.

Never invest more than what you can afford to lose. This is the first and Important rule of investment. Thanks for updating us!

Steem and other cryptocurrency need sometimes to fly lower altitude to refuel a next trip to the moon and lambo.

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Steem is to the moon soon if you dont have a ticket you will be left behind. If you can dream it you can Steem it.

Yeah the cryptocurrency market is moving to a greater height some falling and somehow growing. . But still in the form of risk, cryptocurrency all the way