STEEM - Correcting but no worry just linked to BTC correction

in #steem5 years ago (edited)

Hello all,

Here is the chart of my last analysis :

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Here is the current chart :

STEEMUSD.jpg

The STEEM is heavly correcting today due to a correction on the BTC. Today we had also the AMA from Justin but I don't think that correction is related as he mainly talk about a continuation of the existing STEEM, at least for the moment. So regarding the technical analysis, odds are high that we go touch the support line in red around 0.23$. Let's hope the market will stabilize on that point in order to be able to stay higher of that line.

I wish you massive profits,
Cryptopassion.io

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Yeah but BTC may correct back a few thousand more easily, so steem could continue the slide too!! We'll see!!!!! BTC back to 92, or 82, or $7750?? lol

The decline in the Steem price looks to me mostly like one of the typical "sympathy nosedives" we see every time BTC takes a dive. I don't see much to be worried about...

=^..^=

Posted via Steemleo