STEEM - The resistance line at 0.29$ rejected us
Hello all,
Here is the chart of yesterday :
Here is the current chart :
So yeah still no good news for the STEEM. Yesterday, we tried to break the resistance line at 0.29$ but we failed to do it and so the correction is back for the STEEM. The next support line is around 0.24$ so let's see if that one will be broken also or if STEEM will stop that drop. In all the ways, we are approaching the lows on the STEEM while lol the BTC is still higher than 10k$, kinda sad to see that.
What else to say? Courage, we are starting a new downtrend on the STEEM....
I wish you massive profits,
Cryptopassion.io
Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you 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.
.gif)
.gif)
@cryptopassion, unfortunately, the prices of most of the altcoins are under significant pressure.
Posted using Partiko Android
I know my friend, the problem is that even when most altcoin are UP , steem is not following neither....
Does STEEM even retain its "alt-coin" status as this dive to the bottom of the pool is happening?
Posted using Partiko Android
even shitcoin are altcoin ;)
That's amazing news.
Posted using Partiko Android
lol
No good news for Steem on the charts.. but it’s undeniable that there is plenty of good news when it comes to development 😎
yes I'm agree with that but you know development is not all. if we compare it to traditional stock market, many companies have failed even with a good product.
Very true. Developers would eventually stop developing if they were not receiving useful income.