STEEM - The result of our triangle and the Break Out

in #steem7 years ago

Hello all,

Two days ago, I was suggesting you to keep an eye on the STEEM which was making a consolidation with a triangle pattern for which a nice Break Out was expected.

Here was the chart when I asked you to keep an eye on it earlier:

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

So as expected, we did a very nice break out but unfortunately it is a DOWN break out...
We have already a move of more than 2$ per STEEM.

Again a very nice profit for a short term trade that I advised you for free. Enjoy !

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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Unfortunately BTC broke down otherwise STEEM would have continued its upward moon journey. I hope last night's $2.77 stays ATL for the year 2018, finger crossed.

Happy to see SBD slowly going down and Steem breaking out!

wher will be bottom?

Thanks for the data, after a downfall of all Cryptocurrencies, I tried to research that what could be the reason. Basis of the historical data, in my opinion in month of January prices show some dipping trend, so hopefully everything will be on track. Thanks for sharing your informative post.

Have a great day and stay blessed.

Nobody knows anything really. Even these charts, complicated as they are, don't predict the future.

If you believe in the technology, the team and the partnerships - invest in the coin.

If not, just give it to me

Hello fellow Steemian .. I'm a newbie here. Please support me by following my blogs and I will follow yours as well . Hope we can be good friends.. Please check my introductory post. Thank you.
https://steemit.com/introduceyourself/@kyliemiller/what-am-i-doing-here

this steeem breakout could be upward if we won't face this all FUD because of which it breakout downward.not only steem we have seen many of alts are in downwards because of this crash.

reasteam done please check my profile

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Good catch!

Verry good post

thanks for sharing this #news as I was not informed about the #steem. Its a kind of helpful post I must say!

Many people who are successful because they are smart to see opportunities, and a little of them because of luck. Unfortunately, I can not trade anything because I do not have anything. So sad :(

man its not like everything depends on LUCK only if you have faith on yourself than learn on things than give it a try ,who know this could be your best decision you have made.
every master is once a noob

I always try and show the best, sometimes I want to get attention. I always try though no results. But I never give up @cbeep.

When you gave up .than its done .

good news for me i bought some yesterday :D

Nice post .....thanks

Yes I am always keep an eye on the STEEM ,and also wish profitable ...thank you for this post..

Hopefully we can see people start to make reinvestments in the next few days

Thanks for sharing this. Pls follow @commons

Awesome! The content gave me solutions about cryptocurrency dealing.

Yes, the break out was seen to be imminent but the direction was a subject of probability. But I think the downward breakout was more probable because the reference crypto-btc, was on a downward trend during the period in question.

Your post is so nice. I like it. Thanks for sharing . I Upvoted!

Thanks for sharing this. I'm still new to crypto but I always read your news/articles.

Yeah, Your analysis is truly helpful for short term trading ! Thank a lot for your all effort !

I am not iterested in your analysis.

a very interesting post, thank you for the that is given greetings know from me @cryptopassion

Very good information

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