STEEM - Previous TOP at 4.80$ tested but failed

in steem •  7 years ago  (edited)

Hello all,

The STEEM tested the previous TOP around 4.80$ but we failed and we are now dropping again in direction of our support line:

STEEMUSD.jpg

I think that we could go test the support line in red and use it to do a new bounce.

However, keep an eye on the Bitcoin because if that one is dropping a lot, we could break easly the support line in red and go test the next support line in orange...

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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Absolutely no doubt in my mind. It's gonna go up and up irrespective of what happens to other cryptos. So @cryptopassion you better erase that orange support line. 😀

@bitbulls I second your claim. So cheer up guys.

Where are those good old days when we used to have steem and SBD of greater than $7, those were such a good days.

Do not be sad @suf1an !Soon bitcoin will start to grow and after him steem.. ;) So the best times are ahead!

ггг.jpg

this is due to the crash of btc again but steem doing gud as well sbd

This comment has received a 2.35 % upvote from @speedvoter thanks to: @jassi.

we will song see the good old days of steemit

We believe in Steemit and steem dollar that it will rise again very soon. Great analysis, well-done @cryptopassion

GREAT article thanks for sharing. Im hoping things go back up soon.

very remarkable motivation

Great article! I remember when Steem was .91! What does the future hold? Re steemed.

very great post

Let the STEEM price stay at this amount for a little while longer, i want a good buy in opportunity but i don't have the money for it, only in 2 weeks

me agrada mucho esta publicacion felicidades

Vert classy

Great info, thank you for sharing you analysis with the community;0)

Hopefully there is good luck for us all

The Hodgetwins will bring a lot of attention to steem, possibly over 1 million people will be hearing about steemit, DTube, and Dlive...which should give a NICE big boast in volume and price

Here is the proof

Just heard about that too... Good thing the big youtubers, big bloggers are joining steemit!! Even though i feel like i came to the party with half the stock of beer already empty...

Wow... Great one @cryptopassion Ur passion for this is clear enough just like your name. We hope things get better soonest. Thank you

interezante esta post felicidades

I am from Indonesia @yasir123 🇮🇩 I love you ❤️ @cryptopassion.

nice publication, thank you ,am waiting to pay attention to your upcoming posts

I think the bounce will happen on the red line, that's the limit. We have to be optimists. Greetings.

very informative post
.
.thanks for.shate sir

  ·  7 years ago (edited)

If steem goes below the red line 5 to 15 % , I would buy in layers as it goes down every 5% or layer buys down to the orange line and keep increasing the investment amount as you go closer to the orange line,

then, as the price moves up towards the red line sell in layers every 5 to 10 % movements and if bullish continues, then, it should go up past the red line.

I agree with you that one should keep an eye out for BTC's movement since Steem tends to follow BTC.

....imo....any comment?

SBD was at one point $10.. When on earth are we going to see those days again? Hopefuly before long :)

Like $15 at some exchanges.

STEEM moonshotting action pretty soon?
STEEM price   Google Search.png

Thank you for this update too @cryptopassion! It is great to get this update.

I think it is really important to watch the price action of all coins in relation to BTC and how it changes, as it can massively effect the T.A. that you do, so I am glad to you told people this.

Thanks again for the excellent update!

Good analysis there....

It's at $4.11 now! Let's hope it goes back up. I think it will break away from the rest of the crypto market. Steem has the content generation and social network built in. It should also follow the blogging/social networking market.

I think this is base on the crash of btc again but steem is looking gud as well as sbd... 👍👍