STEEM - We are consolidating in a triangle

in #steem6 years ago

Hello all,

The STEEM is currently consolidating inside a Triangle pattern and a Break Out is soon expected :

STEEMUSD.jpg

As you can see, one of the line of the triangle is our previous support line. I think we have more probabilities to have a UP Break Out but no one can be sure at 100% so the safer way is to wait the Break Out and follow the trend...

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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Cool! Let's wait and see...my strategy is the same for this coin anyway hehe

Maybe Steem will touch again the 7 value and then revert again..

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This consolidation is making a base for a big jump!!!

I hope this jump can really happen soon

Looks like a great buy for today!

A nice bullish break out of that triangle would do the trick to get momentum back into the market! Maybe a lot of accumulation happening now? So far I have seen some bearish price action on the formation of those 4hr candles... we hold tight and wait for the breakout.

Thank you for this informative post, Really helpful and well written @cryptopassion

I'm a big fan of your work and have learned a lot from you... Would you be able to check my analysis on GOLEM? Might be valuable to you...

GOLEM - Analysis (350% POTENTIAL PROFIT)
https://steemit.com/bitcoin/@benkalashnikov/golem-analysis-218-potential-profit

Screen Shot 2018-01-15 at 22.05.18.png

Good analysis. Let’s hope you are correct!

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