STEEM - Triangle in formation

in #steem5 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

We are consolidating since days now between these 2 lines. In the same time, we are doing a triangle pattern that I traced you in blue. As you can see, we shoud have a break out soon as we are near the Apex. Howerver, be carefull because this kind of triangle is not the best to have UP break out. We have more propabilities to have a DOWN break out but it doesn't mean we cannot have a UP break out. It is just a question of propabilities...

I wish you massive profits and a happy new year,
Cryptopassion.io

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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.

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