STEEM - Between a support and a resistance

in #steem6 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

As you can see, we are in the middle of a resistance line (upper green line) and a support line (lower green line). After the break of the support line yesterday, we did a pull back on it and we are going up again. This kind of pattern is very usual and the little bounce is remaining valid. The next test should be this time the resistance line (upper line). Let' see if we will be able to break it.

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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