STEEM - Resistance line tested but not broken - We are waiting the BTC

in steem •  6 years ago 

Hello all,

Here is the chart of yesterday :

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Here is the current chart :

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Today, we tried to break the resistance line when the BTC started its false Break Out. This try has been a fail and we are now again consolidating just under the resistance line. The STEEM is really waiting that the BTC is taken a decision. We will for sure break that line if we have a UP break out on the BTC, if it is a drop, we will go back in the direction of the support line in red.

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you 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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There appears to be a fair amount of consolidation around the current level. As soon as we get enough of a pop for the sentiment to be that we have seen the bottom, I expect the price of BTC to move toward $10K quickly. Who knows when that will be though...

I know very hard to define a timeline. When we will be over 4k$, it will be already a good sign of UP trend in place. 10k are still far from my opinion, but everything is going so quickly in the crypto world, everything is possible.

Ohhh, interesting

I hope it is haha