STEEM - Trendline broken but my bias still remains bullish!
Hello, friends!
STEEM/BTC
We could see a clear break of the ascending trendline on the chart, this does not necessarily mean a fall in the price though, there is more to it than just simple trendlines. We still remain in the continuation pattern that we can see on the chart, we are still in our blue buy zone and we have seen a rejection on 61.8% FIB retracement. I don't trade STEEM, right now I'm just interested in investing in it as I see a potential increase in the price very soon.
Remember that this is not investment advice, just my view and general market comments.
Please upvote if you like my content and if you would like to see more of it, give me a follow.
Kind Regards,
Crank420
Following your charts and analysis as I wait for that breakout with you.
Happy that you keep following my charts. I Appreciate it a lot :)
I trust a forex trader to read charts. :)
Congratulations @crank420! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPinteresting times! and something that my family loves to discuss, which I posted about yesterday...lol
https://steemit.com/life/@jaynie/curry-cousins-and-more-crypto-welcome-to-my-world-4