STEEM/USD 3.5$ - Price Overview - Possible Action - 2018

in #steem7 years ago

Capture.JPG

No doubt we have a bullish market in terms of Steem it started the journey on 1st december from 0.98 and grown almost 350% in a period of 20 days, but the above shown picture is the daily chart of STM/USD, it can clearly be seen that the market is range bound and we already have 2 long wick candles on daily chart and the currenct one may going to be the third one as the market is going to test our trendline currently. let me show the picture closely.

tl.JPG

So the scenario is in order to have a bullish wave we need this current daily candle to break and close above this trendline.

CMP: 3.5
Support: 2.66 , 2.24 , 1.88
Resistance: 3.6 (currently testing), 4 , 4.32

Steem has something amazing cooking on long terms charts and i will soon share my long terms analysis on Steem.

Please Upvote and Resteem, Thankyou

Sort:  

Steem has passed 4$ now. What's next ?

Strong bullish move. let the market calm and i will post the analysis

good info , resteemit

Good job! Thanks to @uxair you have planted 0.13 tree to save Abongphen Highland Forest in Cameroon. Help me to plant 1,000,000 trees and share my Steem Power to the others. Selfvoting is prohibited, but that should be the reason to spread the world to protect our precious environment. Check out profile of our conservation association @kedjom-keku and the founder/coordinator @martin.mikes to get more information about our conservation program. My current SP is 14469.12. Help me to plant more trees with your delegated SP.

Thanks a lot,
your @treeplanter
www.kedjom-keku.com

This post has received a 0.12 % upvote from thanks to: @mohsee74.
For more information, click here!!!!
Send minimum 0.010 SBD to bid for votes.
The Minnowhelper team is still looking for investors (Minimum 10 SP), if you are interested in this, read the conditions of how to invest click here!!!
ROI Calculator for Investors click here!!!

This post has received a 0.31 % upvote from @booster thanks to: @mohsee74.

This post has received a 0.78 % upvote from @drotto thanks to: @mohsee74.

Sneaky Ninja Attack! You have been defended with a 0.16% vote... I was summoned by @mohsee74! I have done their bidding and now I will vanish...Whoosh

This post has received a 0.25 % upvote from @buildawhale thanks to: @mohsee74. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.

To support our daily curation initiative, please vote on my owner, @themarkymark, as a Steem Witness