STEEM - The result of our triangle and the Break Out
Hello all,
Two days ago, I was suggesting you to keep an eye on the STEEM which was making a consolidation with a triangle pattern for which a nice Break Out was expected.
Here was the chart when I asked you to keep an eye on it earlier:
Here is the current chart :
So as expected, we did a very nice break out but unfortunately it is a DOWN break out...
We have already a move of more than 2$ per STEEM.
Again a very nice profit for a short term trade that I advised you for free. Enjoy !
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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Unfortunately BTC broke down otherwise STEEM would have continued its upward moon journey. I hope last night's $2.77 stays ATL for the year 2018, finger crossed.
Happy to see SBD slowly going down and Steem breaking out!
wher will be bottom?
Thanks for the data, after a downfall of all Cryptocurrencies, I tried to research that what could be the reason. Basis of the historical data, in my opinion in month of January prices show some dipping trend, so hopefully everything will be on track. Thanks for sharing your informative post.
Have a great day and stay blessed.
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this steeem breakout could be upward if we won't face this all FUD because of which it breakout downward.not only steem we have seen many of alts are in downwards because of this crash.
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Yes, the break out was seen to be imminent but the direction was a subject of probability. But I think the downward breakout was more probable because the reference crypto-btc, was on a downward trend during the period in question.
Hopefully we can see people start to make reinvestments in the next few days