STEEM - We should test soon the resistance line at 0.38$

in #steem5 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Look that chart, the correction looks over at the short term and we are going in the direction of the resistance line to try to break it. If we don't have a big drop on the BTC, this test should happen in the coming hours but will we be able to break it, this is another story. The break of that resistance line could be a nice indicator that the low is done for the coming days so let's see what will happen.

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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"If we don't have a big drop on the BTC"

Exactly!

It's looking good! Looks like it is approaching $0.40 hopefully this could be new support.

Never thought I would be hoping Steem hits 40 cents

That chart is pretty good looking for a long-term accumulation, for sure I would buy some at this level.

But long-term!, something fundamental I'm scared of is the reduction of personnel by steemit.

They're although suffering for this bear market?

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