STEEM - We are following closely a support line

in #steem7 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Today, we can see clearly a support line in formation on the STEEM. We had several touchs on it and we can see clearly that we are following closely this line. Will this line help us to try to break the resistance line in orange or will we have a DOWN break out very soon? The market will decide but I think we should see an important move very soon, let's hope it will be in the good direction.

I wish you massive profits,
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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Steem is not acting on its own, its movement is relying on BTC price movement right now unless a major news comes up into steem blockchain @cryptopassion

We have always for sure a trend provided by the BTC but each altcoin can have some its own move. Sometimes it is dropping more sometimes less, it is still interesting to determine the resistance and support levels on each crypto.

Yes but the graphs of most altcoins are a spitting image of the BTC and are just affected by news of its own interests so sometimes we see a different movement.

great post keep it up @cryptopassion

Hi, I Appreciate Your Great Work and I have just Upvoted You and I Hope return your favor https://steemit.com/blog/@steemuserfacts/google-launch-new-android-version-android-9-0-pie-must-read

You are going absolutly right way on steemit.
Carry on. Thanks for share with us.
I need more learn

I've also been following this pattern this morning I thought the same thing you're writing, I think it's a good sign ...@cryptopassion

one more down break is what i'm seeing

@cryptopassion Yes Sir I Agree Steem Down Trend .

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