STEEM - Sitting on our support line

in steem •  6 years ago 

Hello all,

Here is the chart of yesterday :

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Here is the current chart :

STEEMUSD.jpg

No big change on the STEEM side. We are still sitting on the support line at 0.80$ and we are consolidating in a kind of canal. A break out should happen soon but will it break the support line or go test the resistance line in orange... that is the question.

I don't like these charts to trade because it is more a casino trading than a technical analysis. We are for sure in a bear trend and so a bounce is possible at any moment but never forget that your capital is the more important thing you have in trading. I suggest you to wait and trade again when we have a better view.

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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How the heck did steem get back to 80 cents lol this is crazy

This bear market makes me sick.

It makes for a great time to top up your SP for anybody who is interested. I didn't think that we would be seeing prices like this for steem again so i think it's a great buying opportunity if you believe that steem will be a big crypto in the next few years.

What do you recommend, friend? Wait a bit to be able to buy at a lower price? @cryptopassion

Steem appears to be breaking through.
So happy.

Poor Steem.

Oh, wow your provide GREAT information! I'm glad I found you! Subscribed.

ALL IN ON STEEM :D

time to buy. everyone has been crying about missing out on the low prices of 2016. stop crying and start buying

It’s all about capital preservation in these tough markets. I’m just trying not to lose money at the moment.

this post recieved 100% upvote from @thaps2001 as the content is really good i must wish an upvote for my next upcoming post.