STEEM - We are taking some distance from the support line

in #steem7 years ago (edited)

Hello all,

Yesterday, I was saying you that I want see some space between our current level and the support line in red. It is done :-) :

STEEMUSD.jpg

Technically, the next objective is now the previous TOP around 6.60$.

Let's see what will happen the coming days. A test of the support line in red is still possible but the space that we put between our current level and that line should help us to stay upper.

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.

BARRE STEEMIT.jpg

CryptoPassion-Bannière.jpg

Interested to trade your cryptos like a Pro ?
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !

Sort:  

Looks good! Hopes the separation from the line continues and tests the resistance above.

You have a good analysis I congratulate you for that. I am your new follower. if you like you can enter my blog and support me or help me

good analysis @cryptopassion, hopefully your analysis is correct, and I like what you do..

All things return to the mean. Earlier we were overbought. Now we are oversold. We should be taking a decent bounce off in next few days.
Really appreciate the analysis man. Thanks.

I don't know why, but I feel better when it is going up ;) Thanks for your update!

Steem is looking for a solid 100% move in the upcoming days. Is almost 100% correlated with btc now with very similar charts, but with different targets: BTC to 14k and steem to 7 usd

Congratulations @cryptopassion, this post is the eighth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 33 and the total pending payments to posts in these categories was $2190.89. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

I'm more worried about it not going back down than it reaching new heights, at least for now.

I don't understand what your analysis is based on. Could you elaborate on the support lines?

Steemit value is getting hike in shear market, great work

Coin Marketplace

STEEM 0.25
TRX 0.19
JST 0.037
BTC 91222.76
ETH 3323.12
USDT 1.00
SBD 3.88