STEEM - We are testing the support line
Hello all,
After have broken the resistance line in orange yesterday, we are now using it as a support line :
If we want continue the recent up trend, it is important that we stay upper of that line. If we break it, we should go directly go test the next support line in red around 3.60$. If we are able to stay upper, let's go test the previous TOP around 8.15$ :-)
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.
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !
Hoping it holds here. I am ready for trend to change to up side.
I would not mind if it goes down again - it will go to 100 USD at some point and I will have the opportunity to accumulate some more if we go down...
I think that the arrival of the smart media tokens (SMT) will result in a massive surge in the price of steem. The SMTs will result in a lot of ICOs and this will result in people needing steem to invest in ICOs. I think that a steem price of more than 50 USD in the short term is not unlikely!
Great analysis! let's go test the previous TOP around 8.15$
;D
Good analysis as usual. It'll help to make some good trading decisions.
I think the support line will be broken again. The signs are all there, but let's keep watching.
Thanks for sharing this and
Happy Steeming
I think it will test the previous top 8.15$ when it close above 6.9$ what do you think about that !?! I think 6.9$ will become strong support in the future!
Merci pour l'analyse.
hold hold hold watch it grow.
follow me
help me newcomer.
Thanks for sharing thia