STEEM - Double Top broken
Hello all,
Here is the chart of yesterday :
Here is the current chart :
Yesterday I was saying you that I was a little bit worried about the double pattern in formation. The break out on the Bitcoin allowed us to break that double top and to continue our UP trend.
We are now going quickly in direction of the next resistance line around 3.65$. This resistance line is important because look on that chart where it is :
This resistance line in red is splitting the last months on the STEEM between the big BULL trend that we had some months ago and the BEAR trend that we are having since some months now.
What does it mean if we are able to break it? It means that we could see very nice UP moves on the STEEM and perhaps even some moves to go test the higher HIGH !
I wish you massive profits,
Cryptopassion.io
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If it gets above $5 that will be dam impressive
Steem to $30 this year!! I wouldn't be surprised
good to see recovery...
Double top broken, very strong bullish sentiment!
Absolutely ryt!
Hi cryptopassion,
Good to see Steem break that double top because I bought some SBD other day and it is up too.
Nice charting as usual.
Hello hanamana, well done. I expect a little correction soon but if you are a long term investor, STEEM and SBD could give you nice profit ;) Take care
I wonder how high Steem and SBD could go up by end of this year? $10, 20 or $50?
I'm very rational in my way of trading. So my first objective is to go test previous higher high around 8.8-8.9$. If we can break it, the market will start a new buble and tbh, I will analyse at that moment which uptrend resistance line could stop us. It is a little bit earlier now to determine that but continue to follow me and for sure I will inform you. Take care.
exciting! I love to see steem do this.
Certainly feels like we are on a new trend. Hoping it’s not a bull trap!
Very nice mate, its a good signal indeed. I see breaking and holding $4 an important milestone.
I think we will have some pullback across the market in coming days, but not huge.
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