STEEM - In the same trading canal since days

[cryptopassion]

Hello all,

Here is the chart of my last post before STEEM crash :

Here is the current chart :

The STEEM is not really moving since days but it is the case on most of the altcoins except some major alts which made some little UP the last days. To have a clear direction on the STEEM, we must break the resistance line around 0.18$ or break the support line around 0.154$. In the middle on these 2 lines is just a pause or consolidation but we won't be able to have any direction during the time that we will sit between these 2 lines.

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.

Comments

[cryptorg]

Hopefully there will be uptrend and not downtrend as I don't know how much more can we take. If only Steemit.Inc wouldn't dump so much steem on the market to cover their expenses this coin would be valued as it should.

[mcoinz79]

Steemit isn’t selling this month, hopefully this will continue

[cryptorg]

Great to here that. Is there any official channel with such information or from where do you know that?

[cryptopassion]

https://steemit.com/steemdao/@steemitblog/steem-dao-ui-and-pausing-steem-sales

[cryptopassion]

But to be honnest, I think they will need to sell again next month so it was just a pause

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