STEEM - While BTC is testing its highs - STEEM is testing its lows

in #steem5 years ago

Hello all,

Here is the chart of yesterday :

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Here is the current chart :

STEEMUSD.jpg

All is in the title, BTC is current testing his short term highs and we should have soon a Break Out but on the STEEM level, it is the opposite. You can see clearly on the chart that we are testing the lows and that if we break these lows, we will go directly to 0.31$. Cmon STEEM, react !

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you 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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Still recruiting more users to onboard steem tru @Partiko app.

Posted using Partiko iOS

Welcome on posting chart of btc.
Hope some steemians will do a TA too.

Posted using Partiko iOS

What's your speculation on the STEEM price drop reversal?

It would be nice to know who is selling so much currently. Is it Steemit Inc, is it traders and speculators. Hard to know even I read that whales are not powering down so much these times. I'm simply thinking that many people have been disapointed about the last years of STEEM and that all this is slowly showing the result.

What the heck is going on? Possible pressure from competitors?

I don't think a competitor is already behind that drop... We have simply too much seller currently but why it is really a good question. For sure STEEMIT INC has disapointed many but I don't think it is the only reason.

Aprendí mucho de este post, gracias!!!

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