Happy day to all this is my first entry of technical analysis, I want to bring this possible rise that the steem will have, after a long period of accumulation where we can notice some important capital inflows and looking at the past values that steem has achieved, I think we are in a moment of purchase, we can see an ascending triangle that gets smaller a little bit more, when breaking a resistance is obtained to the 0.0001100 Sat, that when breaking it should go to the levels of 0.0001200 - 0.0001400 which are the following resistances and previous supports.
LONG Possible STEEM boost [TRADING]
6 years ago in #steem by richardbmx (62)
$0.07
- Past Payouts $0.07
- - Author $0.06
- - Curators $0.01
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Nice analysis. In this chart, if the price closes above the rectangle, our first target could be above 0.5$
is there a possibility to go down at the end of the triangle?
In the market everything is possible, this is simply a provability of movement but does not guarantee the action of the market
coming out with a profit of a little over 30% not bad