STEEM - Break Out and Resistance line at 2.85$ broken :-)

in #steem7 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

We had so nice moves these last hours for the Steem. So we did a Break Out from the triangle in green that I drew you yesterday. As you can see yourself, most of the time, triangle are giving nice Break Out.

The Break Out allowed us to go directly break also the resistance line in orange that we tested already 2 previous times this week. Now that this line is broken, we have a nice UP continuation and the next little resistance line to break is around 3.05$.

If we can break that line, we could go quickly test the previous top around 3.50$.

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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It’s time for an upward trend again

WOW! Glad to see Steem has break the resistance line, which may lead to another bull run hopefully!

Nice! Hopefully the support level rises and holds.

Quick tell all of your friends the train is leaving the station. Get them on board before they miss an investment of a lifetime. Bonus points the more that sign up the faster the price should rise :). Let's get it done.

It doesn’t make sense that STEEM with so many applications built and actually being used on its blockchain has only a $875MM market cap where there are coins with no use valued higher. Either STEEM has to go up or they have to come down. Am I missing something here?!

So where do you see Steem going next? Could we hit $4?

Great article and very informative, thanks for sharing. I've smashed the upvote button for you!

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Steem is bout to climb faster in satoshi levels than i do climaxing.

I always like your analysis, thank you for this update, let sit back better days ahead of hope @cryptopassion

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