STEEM - Consolidating - Exactly like the BTC
Hello all,
Here is the chart of yesterday :
Here is the current chart :
So we are exactly in the same situation than the BTC. After the big drop of yesterday, we are consolidating just under the resistance line in orange, making a pause. Be sure that we will have soon a new move and consider the current chart as a pause. We have more propabilities to continue the drop but let's see. Exactly as on the BTC, we have a support line in red under our current level. If we break that line, it will be to make new lows on STEEM so let's hope that this line will hold us if we touch it...
I wish you massive profits and a happy new year,
Cryptopassion.io
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This is really interesting... As STEEM has a very similar Charline to BTC...
Posted using Supersteemian Android Application
Im no chart expert but Most coins are similar to btc if you zoom out
Most of the time it is indeed the case but look the last weeks on the steem, Steem was going UP while BTC was not moving or little dropping. So we can have different moves.