Steem Chart - Higher or Lower?

in trading-analysis •  8 years ago 

Hey guys,

in my last short chart view, I said that we have Support around 0.0023 Bitcoin. The last few days this Support was never in danger. On the other side, we saw a blow up to 0.0032 and falling again. If you plan do invest you should consider this picture. In the future, this could be a good buying opportunity or the worst, so I like it riskier, but you should choose what is the best in your case. The market has no signal for us - yet!

SteemChart Blow Up

On the longer time frame, we are clearly on a bigger downtrend and 0.0023 is really an important Support line you want it to hold. Make carefully planned actions and I think you have enough time, so don't rush.
SteemChart

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