STEEM - Support line broken - Immediate acceleration of the correction

in #steem6 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

The support line in brown didn't hold the correction and we see now the result... We had an important correction which just ruined our short term UP trend. We are now in direction of the support line in orange, old support line created by the lower line of the triangle. We should at least bounce a little bit on this line. Let's hope we won't break it also.

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.

BARRE STEEMIT.jpg

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BARRE STEEMIT.jpg

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BARRE STEEMIT.jpg

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Maybe will create another low.

Thanks sir for this sharing..and nice info.

This is great information! Do you ever do Elliot Wave Analysis?

Nope sorry, I have a very classic way to analyse charts

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