STEEM - Back on the support line around 2$

[cryptopassion]

Hello all,

Here is the chart of yesterday :

Here is the current chart :

As you can see, the test done on the resistance line in blue sent us back directly to the support line in red. This is not invalidating the head and shoulders inverted pattern. if this pattern stays valid, we should see soon a new test of the resistance line in blue and a break of it. As explained yesterday, our chart is heavly impacted by the BTC moves so don't hesitate to have a look on my BTC analysis.

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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Comments

[jang]

Oh no!!!...:)...

[cardboard]

tipuvote!

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[cryptosteve]

That loooks awesome indeed.
I hope I will see Steem at $15 soon, even if the negative side of mind tells me that this is impossible, But I still Hold my wish to come true

[ausharya]

A tool to be good for everyone.keep it up

[nayyabsipra]

Nice working and good steeming

[leap8]

It looks like everything is going up slowly. Hopefully steem moves more than btc.

[ugwudenis]

Thanks for the analysis and ur candid sincere advice

[timothy256]

Steem will hit $10 again this year as it was witnessed last December. I'm very hopeful, steem price will rise very soon despite of the current crash in price. More people are buying steem and afterwards power up, leading to high demand.

[izge]

Thank you for providing useful information and for your being good guide.

[dceroo]

steem will not get over-hurt like other altcoins because of its strong foundation

[gvincentjosephm]

I think steem was around less than $2.00 before so I guess we're still on the safe side. If it goes up then good for us. Thanks for sharing the graphs my friend :)

[matthewjackson]

I just finished writing a guide to trading Inverse Head and Shoulders. This Steem graph could make a great follow up. I'll be keeping an eye out. Good find and great chart.

[lartist-zen]

Hi! I discover you, I am really satisfied with the content. good work, good analysis I think. I hope we get to the moon. (^^)