STEEM - Resistance line at 0.39$ not touched

in #steem6 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

So exactly like the BTC with its resistance line at 5400$, the STEEM has not been able to go touch its resistance line at 0.39$. This is not a good sign because if we don't do it, we are doing lower highs which mean that the DROP is not yet finished. Let's see if we will find the volume and the power to go touch that line and even break it or if the sellers are preparing to be back very soon.

I wish you massive profits,
Cryptopassion.io

BARRE STEEMIT.jpg

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.

BARRE STEEMIT.jpg

banner_cryptopassion03.png

BARRE STEEMIT.jpg

banner_cryptopassion_witnessvote01.png

banner_cryptopassion_viaSteemit01.png

gif_witness_cryptopassion02(220).gif

banner_cryptopassion_viaSteemConnect01.png

gif_witness_cryptopassion03c(500).gif

BARRE STEEMIT.jpg

Sort:  

We need more investors or traders for steem right?
Or everybody seems to be a bear right now?

Posted using Partiko iOS

For sure investors and traders are welcome on STEEM but they need also to see that they can do profit on that crypto and currently this is easier for them with other cryptos... as simple as that

Let us do better, everyday.
I will still promote Steem in my community.

Posted using Partiko iOS

Stinc had to fire almost the whole staff this winter and is re-hiring. At some point, they powered down a lot of Steem. I have my suspicions as to why the price of Steem isn't going up.

yes with that powerdown, we don't have any view anymore on how Steemit is spending their initial stake

Is that so, they have a different vision of steem.

Posted using Partiko iOS

Congratulations @cryptopassion! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published more than 1500 posts. Your next target is to reach 1600 posts.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Thanks for the analysis. Hopefully we will see some more promising moves soon.

Yeah we all hope for a little increase, STEEM is so low since months now and specially when we compare other altcoins