STEEM - Nice Up Trend - Consolidation in progress

in #steem6 years ago

Hello all,

The STEEM did a very nice breakout the last hours :

STEEMUSD.jpg

As you can see, we broke the resistance line that I traced to you several days ago and that break has been done with a very nice volume which is a good sign regarding the future of that UP.

Let's have now a look on the hourly chart :

STEEMUSD2.jpg

We are currently consolidating and we should touch soon the MMA13 (Green Line). We can see that we are forming a short term triangle and a new Break Out should take place soon. It is always difficult to predict the direction of the Break Out but on this kind of chart, we have more probabilities to have a UP continuation.

I wish you massive profits and a happy New Year,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, 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.

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What an awesome week for Steem!!!

An awesome start of the year!

This week was very good for the stem, hopefully the next week will be so. @btcmillionaire

Thanks for your work, time to make STEEM and Steemit more professional than ever ... things are going BIG TIME !!

Yeah STEEM Go Up at 66 & Today !!

amazing start of the year. I hope this trend will continue :)

Hi @cryptopassion,

very glad to see the current position of Steem, which everyone was desired and hopping. now that's excited moments for all steemians. There is no doubt that it is a Gift of New Year for us. i agreed with your predictions, very nicely shown on graph the current position. there are up and downs and more chance to stability of Steem Rate between 6 $ to 10 $ in this month. any how it is good sign for Steemit.
UPVOTED & FOLLOWED

"Never invest more than what you can afford to lose."

Best wishes for you, Stay Blessed.

I also write TA Check this: #5, #6.

from $2.8 to more than $6 :) Nice ...

So I buy steem now or wait for it to go down? @cryptopassion

it had a massive jump in the last 30 hours, after the conolidation we might see another spike, hoping its in upward trajectory

All aboard the STEEM train! Great to see it bust through previous highs back in July 2016. From your charting, it seems like we have similar trading minds, checkout my posts!

Hello crypto, cheerful new year mate! Here's to a sheltered and prosperous 2018.

I've shared my higher time allotment STEEM investigation today, yet I'm truly burrowing that hourly diagram you've posted. Simply uniting before another push higher it appears.

See you around

We can go up to $1.14. I also write TA Check this: #5, #6.

i hope steem will drop bit

good your trading post.

good job dear thanks for sharing with us I follow you for more information about this thank you ., happy new year

Hey crypto, happy new year mate! Here’s to a safe and prosperous 2018.

I’ve shared my higher time frame STEEM analysis today, but I’m really digging that hourly chart you’ve posted. Just consolidating before another push higher it seems.

See you around 😎.

Think it will go to $1.14 in a few days and heading even higher. I also write TA Check this: #5, #6.

New ATH for Steem :D

may be i reasteam your post

Go go go Green lantern =P

I also write TA Check this: #5, #6.

Thank your for your information.

Great news about passing a certain threshold!!

We will all earn when steem goes up! Up Up and away to the universal!

I already follow you!

Yes I check table everytime. This is good new for steemers. Happy new years..

Steem was at $6.14 less than an hour ago (Blockfolio), and I believe many people will be kicking themselves for not grabbing some now.

We're looking at something huge! Steemit is growing by the day, and it's going to keep pushing the price of Steem up, I believe.

Thanks for your post.

We have Blitzkrieg! Check this: #5, #6.

Blitzkrieg! lol Lookout!! :-)

thanks for share

Steem to the moon! Wishing massive profits to all steemians. Happy new year.

@cryptopassion great prediction. The way the platform is performing on the Alexa website ranking and the amount of content is being generated on hourly basis is the testament of the sheer value #Steemit promises.

I do not know where to go a steem . Fighting!

@cryptopassion
@steem is growing to its true value, it is just the beginning

It will go up higher tho :p :p

Wow... Upwards ever

steem sadece bugun yüzde 42 arti. iyi ki almisim.

Steem is only gonna get higher, I’m glad I’m involved in this great platform

Hello :) Advertise crypto products, services and media channels on https://cryptopiece.com/

This is amazing for steem users @cryptopassion.

MOON and Lambos

cheers, I think it starting changing in positive trend.

Steem did not broke the resistence line, Steem raped the resistance line in order to touch the sky!

I hope steem grown up and stay.

Congratulations @cryptopassion, this post is the tenth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 44 and the total pending payments to posts in these categories was $2899.23. To see the full list of highest paid posts across all accounts categories, click here.

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It is really a good start. upvoted fully through steemfollower!

great analysis my friend.. and I am sure steem will go high and high...

Happy new year 10 a.s (After Satoshi) We are rocking!

I also write TA Check this: #5, #6.