STEEM - Consolidating - Exactly like the BTCsteemCreated with Sketch.

in #steem6 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

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.

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