STEEM - Support line broken yesterday but already tested

in steem •  7 years ago 

Hello all,

The STEEM broke our support line yesterday but we can see that the market didn't give up yet :

STEEMUSD.jpg

We are staying close to that line which is now a resistance line and we already tested it one time (green circle).

If the BTC could make a little up, I think we could easly go back upper of that line. However, if the drop should continue on the BTC, we don't have any important support on the STEEM before the previous low arounf 2.75$. I hope we won't reach these levels but keep in mind this is a possibility.

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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Should be a choppy market leading up to Chinese new year. February should be a good month for cryptos imo.

The ebb and flow of an emerging economy.. our future is bright!
Screen Shot 2018-01-29 at 8.02.54 PM.png

Comparing STEEM with many others coins. STEEM follow confortable.
Great analysis!

I hope the market will never drop to the level it would cause panic to the investors

Thank you so much for this crypto news update providing... i like this post...best of luck dear....

thanks for the latest news updates about steam development, so we can be more careful to enter the market this time.

  ·  7 years ago Reveal Comment

Steem will fly again soon!

your proposal is a council is of good help for what we are in this steemit community @cryptopassion

good !!

let it crash so I could buy more

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I can't see any resistance to Steem People and this way of thinking ;)

Let's go to the Moon!

thanks, your post! have a nice day.

Another great piece. You are an educationist!

  ·  7 years ago (edited)

Steem's going to go up in the long run but for now let it go as low as possible!

is bitfinex available to USA costumers???

It is, but be cautious with it. It’s closely tied with Tether which may be in a tangle of trouble very soon. I’d recommend going with Binance or Bittrex for the time being.

  ·  7 years ago Reveal Comment

if it drops to 2.70 I may have to buy quite a bit

BTC $10K support is holding. So there is hope.

The last few days have really been frightening - with the downward spiral. The volatility is shaking everyone, especially those with little faith. I am however very optimistic that it will go all high again, especially as the 'symptonic' month of January is phasing out. Watch out.

Too early to tell.... Please go up... please go up... hehehe...

That support line might not hold much longer but it is hard to tell for sure.

It wasn't limited to steem it happened to almost every coin... so I don't know if that counts... does it?

I was able to get in with a small buy on that drop yesterday so that was nice to someone like me who's a month in and here for the long haul.

steemit is now my favourite blogging site and will be for the next comming year and so on.

It's time to buy and hodl
💃

Thank you so much dear friend for this valuable crypto news... it's really helpful for all.

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. plz vote me

Just curious but what are you thinking to accomplish with copying his disclaimer? ;)

yes you are right man, just like bitconnect thing man- never invest in bitconnect