STEEM - Bounce on the 1$ support line

in #steem6 years ago (edited)

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

It was an easy bounce to take with that powerfull support line at 1.00$. As expected, the first touch on that line created an immediate bounce as you can see in the green circle. This is not a huge profit but a 5% of gain on 1 day is always nice to take. Let's see if we will be able to go test the resistance line in red or if we want try again to break the 1$ support line.

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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It's been a downhill battle

wow good analysis and nice concept sir..thanks for share your inportant
concept..

@cryptopassion This bounce is must both technically and sentiment bases else people will start loosing faith in terms the real future in cryptocurrency...

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