STEEM - MMA13 touched - Support on the previous Low

in #steem6 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSDOrig.jpg

Here is the current chart :

STEEMUSD.jpg

As announced yesterday, the bounce touched the MMA13 and did it even several times and the drop continued just after.

We are now consolidating on the support line created by the previous low. Most of the time, we have a break out to close this kind of consolidation. As you know I'm not a big fan to trade the break out because for me, it is 50/50 and so too much risky. Let's wait the trend that the market will decide and follow it, this is for me the safest way to protect your capital and do some profits.

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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Do you want them spendable directly via a dedicate Visa card ?
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BARRE STEEMIT.jpg

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CryptoPassion-Bannière.jpg

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Still a risky investment

nice sir
i respect your work
best of luck

Even if it goes up, we are still far away from crossing down trend line, it would be nice to draw it on this chart it will be somewhere around 3.1 level which is local support / resistance level (not drawn by you there):

never a dull moment in crypto...

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great good job

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