STEEM - The Bounce is continuing but...

in steem •  7 years ago 

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

As you can see, since the test done at the support line yesterday at 2.85$, the bounce is still in progress. However, I think that a correction, at least little, is imminent. Look the last candle, we start to miss volume and volatility to continue the UP. So I don't think we will go test the resistance line at 3.28$ immediatly but let's see, I would be happy to be wrong if this is the case ;-)

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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Good info ! Thanks very much for posting this! Now if binance would offer sbd as well. I think that would create a lot more interest in steem.

  ·  7 years ago (edited)

I also believe we will see one correction before it hits ATH again.

Completely agree. I'm seeing this for a lot of alt coins. There's going to be a minor correction before the hop on a rocket

Nice analysis!

Thanks so much for the information; o think it goes well with me.... Needless for unnecessary doubts well done

Los movimientos son acciones, ganamos o perdemos, pero eso si, aprenderemos de ello.

Just gonna follow you to get more insight into all this.. At least, this I understand :) thanks

Help me ,please one vote on my post

I think we are in for some UP moves in the coming hours.

I also wrote several price analysis articles. We can learn from each other
@chineseman

  ·  7 years ago (edited)Reveal Comment
  ·  7 years ago Reveal Comment