STEEM - We are now in a canal

in steem •  6 years ago 

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

As you can see, we are moving inside a canal and each time we touch one line (support or resistance), this is triggering a pull back or a bounce. This kind of canal can keep inside the different moves during a quiet long time but we will finish to have a nice break out which will break one of the lines and will give us a direction. Like the triangle, I like this kind of pattern as at least it is giving us a direction.

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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Indeed.

Don't be so sure about that, they can and probably will delay the decision to February 2019. Im positive they will approve the etf, but not this year. This does not mean a thing to btc. We don't need the fucking etf. Bitcoin is better than that. Cheers.

I have the same view with you @etka

steem may grow up as time pass and will be take a strong possition in crypto market.

Thank you for this daily update and showing us that STeem is in a canal.

I think STEEM is in the famous BANANA-Pattern.
Let me know what do you think ;-)
Big hug
Steemitri The Mannequin

Bounce back baby

(Posted with Vapor, available for iOS and Android)

We will moon after ETF approval

sir is it possible for steem to reach ATH in 2018

I'll HODL steem 10 years if i have to