STEEM - Little drop Break Out - already trying to come back

in steem •  6 years ago 

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

As I was explaining you yesterday, we were consolidating just upper of that the support line and it was impossible to know the direction of the move that we will have with the break out. It was finally a down break out.

However, as you can see, we are already back on the resistance line, trying to break it again. Let's see if we are able to break it in the coming hours. If we test it but we fail to break it, we should quickly continue the drop and go back on the major resistance line at 3.65$. In the case of a UP higher than our resistance line, the next resistance is around 4.40$.

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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I'm still hoping for $5 this month.

I didn't get to fill my bag enough. Please drop below 3$.

I expect, 1 Steem will worth 40 USD within 2 years from now. But ofcourse, no body knows what will happens in the future, so this is certainly not a financial advice!

thanks for @cryptopassion

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Come on steem to $10. That way I can finally afford to buy a rope to hang myself.

I was really surprised to see how the huobi listing brought it up so much and then how it really didnt drop much after the trading began on huobi.

Thanks for share my good steemineers

Thanks for the information. This is very useful

nice post beautiful images

thanks for your information. it is very useful for us. and for now we are waiting for sbd / steem to go back with the maximum price. and we are raising money to buy the coins.

@cryptopassion Looks like a small bull flag is forming, with some low volume consolidation. On normal circumstances I would say up, but I think this last bull run i mainly because of the Huobi effect.. Guess we will have to wait and see.

Hope you have sick profits too. Good luck!

Muy buena información. Le dejo mi voto y le sigo.

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Let's see what's going to happen today and next week