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RE: $STEEM/BTC Poloniex+Bittrex Technical Analysis / Market Report Update #223, June 22. 2017.

in #steem7 years ago

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1 day


4 hour

Looking to see if the area marked with the greenish rectangle (~71.5k satoshi to 76k satoshi) provides enough support or if it breaks.
In case of a break I expect the price to go down towards the yellow line, ~65k satoshi, and then trade a while in the range between the 65k yellow line as the bottom and the 71.2k satoshi white line as the top.
If the area provides enough support I see a uptrend coming with the top around 120k satoshi.
To get to the 120k satoshi target the price will first have to face the resistance area between 90k satoshi (red line) and 97.6k satoshi (green line) which is marked with a yellow rectangle.

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All I got to say is . . . . STEEM TO $7,000 USD/STEEM BEFORE THE END OF THE YEAR!!!

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