STEEM - Back inside triangle - Nice Volume UP - UPDATE
Hello all,
This morning I was posting you that chart :
Here is the chart that we currently have :
Half of the move is already done and we could have a little consolidation soon before continuing our UP to go test the resistance line.
I really think it can be the opportunity to break that resistance line and start the break out of our triangle to go first test the previous top around $1.60-$1.65.
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.
Version française ici : [FR] STEEM - De retour dans notre triangle - Beau volume HAUSSIER - MISE A JOUR
Nice insights dude!
Just woke up, so grabbing a coffee, and will check the entry point in Steem, the chart looking sexy, but need to wait for the wave to calm down.
Today looks like most altcoins are in green zone.
Yes this is why I'm expecting a consolidation now. Thank you for your comment.
Resistance at 1.2-1.3 levels will be crucial point
Thank you for your share my friend ;)
Isn't there too much inflation for STEEM?
Inflation has to deal with new users also. In most of the coins, you have inflation but lot of them have a value which is increasing. When the success is over the inflation rate, it never stops a increase of value.
Okay, I see, it is hard for me to trust a coin, but you seem to be able to do this. I guess this is what I am missing to become an investor!
Your analysis shows you have great insight on cryptocurrencies. Keep it up and hope steem will rock on again
Thank you my friend. I wish you the best !
I love ur posts
Please upvote my posts
I don't understand why the cryptocurrency decrease day by day.Will you tell something about it.
Because all funds were sent to Bitcoin, everyone expected Segway 2x. Not it’s cancelled and alts are up again
Yes. its right but it harmful..
alts and BTC are not competitors, first BTC is fattening than vice versa is happening, (compare with last year and BTC dominance close to 80%, then in summer it’s 38%, the same is gonna repeat) Steem now is the best candy to buy. You can compare it with 2013 BTC chart when it was descending for very long. Steem is now at the same position for a long-term growth.
First waves will be hard to go through, many funny investors would sell Steem at 1.1, 1.2, 1.3 to return their money but in 2018 we easily might see 7-10$ price for Steem
@anforo provided you a perfect explanation. Thank you!
Thank you for amazing posts!)
I really hope it reaches $2 before the end of this year
excellent news criptocurrency steem up 1.07 $.... great post friend