STEEM - Support Line Broken with Big Volume

in #steem7 years ago (edited)

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSDOrig.jpg

Yesterday I was saying you that : "A break of that support line could send us directly under the 3$ levels so let's hope it will hold...". We broke this line my friends and we are now clearly under the 3$. As you can see, I'm trying to give you the most accurate information, even when the news are not good for the STEEM holders.

So what is the next ? We are in a consolidation mode after that big drop and we should go touch the MMA13 with a little bounce. You need to keep an eye on that touch and see what will happen. We have a high risk of continuation, it means a second big drop but this is not mandatory. So you need to observe very carefully what will happen when we will touch that MMA13.

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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The markets are dropping because of that Korea FUD. Time for me to load up on that cheap Steem. :-) Fundamentals for crypto are growing stronger by the week.

Yep!!!! I think by 2099 Steem will be really powerful! It may reach 6$ by then :P :P

I hope this is the lowest point and we can see some recovery . The market is quite red today

Ahhhyeeeee we must sell now! It's all falling apart .... :)

Hahaha theses comments are killing me. Hopefully no newbies acctually take you seriously and sell. Next time put a disclaimer XD

It's going DOWN!...:)))...

Ohhhh noo!!! 😂

Well, it's not only Steem falling. Seems the entire market shed some 10-15%

Got some cash on hand? Buy it all up!

En effet peut être un bon moment pour se renforcer 😁

I think much depends on the situation in Korea. @tipu upvote this post with 0.5 sbd :)

Thank you for providing content that enlightens us on a daily basis. At least we know where to go when we want to deal cryptos. Well done.

Thank for sharing your knowledge on this topic. For me personally im in steem for the long road so any dips dont reallt worry me as I know the potential this platform has!

You said it all and well.

Thank you. Btw do you have any tips on making profit through bots becuase im struggling a bit :(

No sir. Perhaps you should ask @haejin 🙊☺

Lol do you know any posts that are good?

Wow! It's down! It could be an opportunity to buy but I guess I need to wait a few more candlesticks for it :)