STEEM - In direction of our support line at 0.80$

in #steem6 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

The Steem is not really moving these days. We had a test earlier of the support line at 0.80$ but this line did its job and created an immediate bounce. Till now, this line is saved and we have to wait for a more important Break Out to decide about a direction. A big move from the BTC could help us to have this direction but the BTC is also in waiting mode so I suppose all the coins will move in the same time.

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.

BARRE STEEMIT.jpg

Are you looking for a userfriendly way to exchange your cryptos in £, $, € ?
Do you want them spendable directly via a dedicated plastic Visa card ?
Do you want to receive back 0.5% of your spending in Bitcoin ?
I recommend you the platform Wirex.jpg

BARRE STEEMIT.jpg

banner_cryptopassion03.png

BARRE STEEMIT.jpg

banner_cryptopassion_witnessvote01.png

banner_cryptopassion_viaSteemit01.png

gif_witness_cryptopassion02(220).gif

banner_cryptopassion_viaSteemConnect01.png

gif_witness_cryptopassion03c(500).gif

BARRE STEEMIT.jpg

Sort:  

I think the hourly chart is becoming harder and harder to trade here. Price is approaching the apex so both support and resistance is narrowing allowing for smaller moves. I'm fully focused on the daily chart here to see which way we break from the ascending triangle. Here's my take on it in case you're interested.

https://steemit.com/cryptocurrency/@technicaltrader/bitcoin-btcusd-the-only-pattern-that-matters-right-now