STEEM - In direction of our support line at 0.80$
Hello all,
Here is the chart of yesterday :
Here is the current chart :
The Steem is not really moving these days. We had a test earlier of the support line at 0.80$ but this line did its job and created an immediate bounce. Till now, this line is saved and we have to wait for a more important Break Out to decide about a direction. A big move from the BTC could help us to have this direction but the BTC is also in waiting mode so I suppose all the coins will move in the same time.
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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I think the hourly chart is becoming harder and harder to trade here. Price is approaching the apex so both support and resistance is narrowing allowing for smaller moves. I'm fully focused on the daily chart here to see which way we break from the ascending triangle. Here's my take on it in case you're interested.
https://steemit.com/cryptocurrency/@technicaltrader/bitcoin-btcusd-the-only-pattern-that-matters-right-now