Hello all,
Here is the chart of yesterday :
Here is the current chart :
As you can see, the red suport line (diagonal line) is currently holding the correction that we have on the STEEM. This line must continue to do its job if we want to keep the UP trend of the last days. If we break it, I'm really afraid that we will do new lows on the STEEM so let's be positive and keep an eye on that resistance line in orange at 1$ that we must break to continue the UP.
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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Bad News . Steem price again down
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Well, its a great time to move in on a investment when the price is this low.
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It might just break that support line in the next few days... The longer it lingers in that corridor, the harder the drop will be (if it drops). MHO. :)
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The price is forming a sort of wedge - well, sort of. If right now the price goes up, it is hard to assess what might happen. However, if it falls right now, it's gon' fall hard - really hard.
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