STEEM - We are consolidating inside a flag

[cryptopassion]

Hello all,

We are still upper than our support line and are consolidating inside a flag :

As with the triangle pattern, we will have a break out to choose a direction and go outside that flag pattern. Once again, we have a similar situation on the BTC so I think the BTC will decide which break out we will have on the STEEM. Please keep an eye on the BTC and trade the STEEM accordly.

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

[jkenny]

Thanks for the info , Monday could be a big day one way or the other ..

[veleje]

Yes, I'm looking at the same ting.

Also SBD has nice triangle consolidation (4 hr chart), actually it makes it into my 'squeeze' pattern. While these kind of consolidation only tell you that stronger move is likely on it's way without direction of the move, it is helpful (for direction) if break out move is accompanied by triple (or more) average volume.

When you get strong volume into the break out, more trades work than not. At least here in crypto land.

[rudnicki]

Breakaway baby

[hermawan17]

Thanks for information

[azael25]

Thanks for sharing.

[mical]

a lot of thanks for shareing your infromation

[tspink]

Thanks for the info. Hoping it takes another leap up soon but enjoying the temporary lull to scoop up more steem in the mean time :)

[ravenground]

They surely need to read the disclaimer note, otherwise things would certainly get messy. Thumbs up...! I'm afraid of trading bitcoin, my heart and my wallet can't take it anymore, haha

[jeezzle]

Come on Steem let's rise to the top.

[gabyjc]

Excellent publication, very interesting this information thanks for the advice of how to make a profit

[missrdx]

Very interesting post,

[robber7]

will anyone upvote me here? :p

[carloshernandez]

excelente información @ cryptopassion

[songtiejun]

if believe then do

[hynet]

Thanks for sharing, hope price keep going up

[onepercentbetter]

waiting for the breakout

[kondojis]

Thanks for sharing.

[ambdavid]

That's awesome another indication of steem rise. Am so happy to be on Steem

[andreina89]

Beautiful post friend that I liked good

[utomobong]

Nice one @cyptopassion
The 10% discount will make steemians try it out

[bitgeek]

Congratulations @cryptopassion, this post is the tenth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 36 and the total pending payments to posts in these categories was $3935.07. To see the full list of highest paid posts across all accounts categories, click here.

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[itwithsm]

great analysis my friend and I wish bulls for steem...

[viralcutz]

nice one
upvoted!!

[chetanpadliya]

Steem deserves in two digit value.I think it is one of the most undervalued cryptocurrancy and investing in steem will sure give a huge profit in future. Thanks for your analysis and keep updating us also.

[sshappydayz]

STEEM WILL MOON!

[chiren]

It's looking good for STEEM today. We'll see where the market goes this week. But It's looking good. 😁

[brondon]

thanks for sharing that information

[neneandy]

It is due for a little bull run!!

[nomadics]

Usually flag is continuation pattern (UP)

[ammarjamil]

Thanks for the info :)