STEEM - Double Low - Same scenario than on the BTC
Hello all,
Here is the chart of yesterday :
Here is the current chart :
As you can see and as I just explained on the BTC analysis, we have here also a double LOW in formation. This is the second test of the support line and the result of this test will determine the short term trend. A new bounce could start from that line and could create the pattern "W" that I talked to you some days ago. A break of that support line could send us directly under the 3$ levels so let's hope it will hold...
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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My fingers are crossed!
Wow! It's down but I guess it will go up soon. I'll monitor for it to see where this trend will go :)
Sbd and Steem took a downfall very fast
I love this post,
I see more bearish moves !
I resteemed this post @cryptopassion so all my friends can see !
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It seems like the May&June bull run "experts" were talking about was more of a wishful thinking than an actual/accurate prediction 😶
Let's hope not. I have confidence in SBD, but I'm not sure if I would buy much more if it dumps below $3.
If u want i explain fast there why the dump : https://steemit.com/bitcoin/@paloggia/bitcoin-little-dump-why
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