STEEM - Resistance line at 3.05$ broken

in #steem7 years ago (edited)

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

We finally broke the resistance line at 3.05$. As you can see, most of the time, when we break a support or resistance line, we have an increase of volume to confirm the move.

Here we broke the resistance line. Immediatly after, we had a drop who used the same line as support line and it helped the UP to continue. We have a little resistance at 3.12$ but at the time of this article, it has been broken already. So the next major resistance line to try to break will be around 3.60$ (line in red). Let's see how many time we will take to reach that level.

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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Good work @cryptopassion your predictions are very accurate...

Onwards and upwards. It’s ahaping up to be a really interesting summer, price moves up, launches of new chains (EOS etc). Should be great.

Your predictions are almost correct. Keep it up.

Thank you for the info. I like your analysis techniques.

Time to post 5x a day then. Haha. This would be great! Specially on us small authors.

very good post, I really like your post

I can't really see the difference between the two charts. Anyways, I also see Steem to continue its bullish run.

good data, thanks for sharing ...

Hi @cryptopassion . Thanks for the update on the prices of steem and btc you have been delivering for a good period of time.
I am learning from it.

Regards, @gold84

Very helpful analysis. Thanks