STEEM - MMA50 touched but rejected

in #steem6 years ago

Hello all,

Here is the chart of yesterday :

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Here is the current chart :

STEEMUSD.jpg

Today the STEEM still progressed in the direction of the resistance line around 0.21$ but we have been rejected after a touch on the pink mobile line (MMA50). When this mobile line is broken, it means that the trend is reset. The fact that we didn't break it now can be considered that we are still in bearish trend at short term, even with the last bounce. SO let's see if we will finish to break it or if the drop will come back.

I wish you massive profits,
Cryptopassion.io

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We are in scary territory.

for me the drop will come back soon but let's see