STEEM - What a wonderfull Break Out - Resistance line at 0.39$ broken

in #steem6 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Yesterday I was little bit disapointed because my conviction was that we will try very soon to break the resistance line at 0.39$ but the BTC was not helping. The good surprise has been to see that the drop of yesterday on the BTC was a trap and that we are now back on the previous level.

This allowed the STEEM to go test the resistance line at 0.39 and we broke it :-D. We are now consolidating but it is really normal after a move like this. Expect a touch on the 0.39$ line which is now a support line before a possible UP continuation.

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you 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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Very nice and good post

Posted using Partiko Android

Thank you my friend. Take care of you.

Wow, great to hear this. It is about time for steem to really move up because I was not expecting it to be at 0.39 at this point, with all the developments.

Nice Up move indeed. But never forget we were over 7$ 1 year ago so we still have some space for UP. And also we need to keep an eye on the BTC, because it is always giving a trend for all the crypto.

Thank you for your crypto analysis @cryptopassion) I read the news from you every day...Let`s hope that Steem price will keep rising)

You are welcome Kristina. Let's hope all together but at least now we have positive signs

50 cents incoming

Indeed, we are not very far ;-)

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