STEEM - We are testing the resistance line at 2$
Hello all,
Here is the chart of yesterday :
Here is the current chart :
As you can see, my prediction was correct!
We are now testing the resistance line at 2$ and till now we haven't been able to break it. We will need a nice UP volume to break that resistance line because immediatly after, we will have to break also the downtrend line. These 2 lines to break are making a big resistance and the only solution is the an important buying volume, without it, we will drop again soon.
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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Once again, your TA is the only one here, that does make sense to me. No fancy waves and fibo talk - just plain and simple good old TA like I learned it over 20 years ago.
I don't think we will break these 2 lines yet - there is simply not enough volume - I fear, we have to go to $1 first
Hopefully it won’t be long before steem starts to go up again, it’s not been a bad day today for the crypto currency’s, cheers mike
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I am going to be picking up more STEEM at the end of the month, regardless of the price. But I think you're right with your prediction of the resistance point.
Posiible
possible I hope we break the line and go up
You made a great projection. Where Steem going next, I wonder.....The last bull run could be because BTC had a bull run since yesterday too or because buyers or short term traders of STEEM stepped in to make that little bull run?
I project seeing your 4hour chart that Steem will retrace down to almost to the previous support and go up again where it is now and stay in a channel for while until more volume comes into Steem....comment?
You are good in prediction
let's get over the resistance and make a bullish move again! :)
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thanks for the steem information @cryptopassion