STEEM - Resistance line at 0.39$ not touched
Hello all,
Here is the chart of yesterday :
Here is the current chart :
So exactly like the BTC with its resistance line at 5400$, the STEEM has not been able to go touch its resistance line at 0.39$. This is not a good sign because if we don't do it, we are doing lower highs which mean that the DROP is not yet finished. Let's see if we will find the volume and the power to go touch that line and even break it or if the sellers are preparing to be back very soon.
I wish you massive profits,
Cryptopassion.io
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We need more investors or traders for steem right?
Or everybody seems to be a bear right now?
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For sure investors and traders are welcome on STEEM but they need also to see that they can do profit on that crypto and currently this is easier for them with other cryptos... as simple as that
Let us do better, everyday.
I will still promote Steem in my community.
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Stinc had to fire almost the whole staff this winter and is re-hiring. At some point, they powered down a lot of Steem. I have my suspicions as to why the price of Steem isn't going up.
yes with that powerdown, we don't have any view anymore on how Steemit is spending their initial stake
Is that so, they have a different vision of steem.
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Thanks for the analysis. Hopefully we will see some more promising moves soon.
Yeah we all hope for a little increase, STEEM is so low since months now and specially when we compare other altcoins