Bubba Bubba Bounce time... Will we see some follow thru today in STEEM

in #steem7 years ago (edited)

150106094958-market-correction-1024x576.jpg

Finally seeing some green - I was really worried last night when BTC started to touch $2190 (Bittrex) at 2am EST.
The new line in the sand to watch for the BTC is $2190 so keep that on your radar, a drop below that should take us down to $2000 level. At this point that fact that we peirced thru $2200 - sets us up for some more selling.

Back to STEEM see updated levels below:
STEEM-July12-2017.jpg

Key Levels to watch on STEEM
Upper Resistance = 0.0005593 (once broken we should see a new push up)
Lower Resistance = 0.0004242 (
once broken we should see a further slide down)

I'm watching for more opportunities to pickup STEEM at these low prices as we see a follow-thru in this buying today. If we see the follow thru this week - we will break thru 0.0005593 and head back up to 0.0006 and 0.0007 range as cryptos bounce.

Keep a close eye on these levels - tight stop limits on your holding and watch for follow-thru in the buying before you jump in with both feet.

July12-2017-Order-Book.jpg

Order book looks positive so far, no BIG sellers so we should see some recovery today.

Good luck today! Post your questions and comments below.

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Cheers man. Im all in on steem~ Bullish long term!

Absolutely! I'm even more excited about Steem Dollars, just finishing up my post on that next. Check that one out - don't want to miss this opportunity.