STEEM - Not yet the time to panic

in #steem7 years ago

Hello all,

As I said you yesterday, we broke the support line in red yesterday and we confirmed it today :

STEEMUSD.jpg

However, at short term, the candles are showing a change of direction and I think we will go now test back the resistance line in red.
The best scenario would be that we test it and break it but it is a little bit early to already think about it.

Let's see first if the test happens as I'm foreseeing it!

I wish you massive profits,
Cryptopassion.io

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No problem , Steem did 30x in one year . I think will be 15-20 dollar the end of the year.
Cheers

I am very happy for the Steem

Thanks a lot for this analytics :)
I think steem need some time to go up, I believe it will worth more and more at the end of this year :D

We could as well go for the double bottom if over all crypto down move is not finished yet.

But what it matters is, that number of new accounts are rising. Number of posts and up-votes are rising. That would be fundamental part. TA will catch up wit the fundamentals at some point ;-)

Bears have been strong of late, so I think they may pull it down below the orange support before we see resurgence past the red resistance.

Personally i wouldn't mind that... I have been looking for a good entry to get some more!

I also wish you a lot of profits and every time I learn more about this subject of cryptocurrencies thanks to people like you, my friend, have my vote and I wish you a lot of success

I'm glad i stumbled on this post. Your recommendations are really helpful, especially to minnows like me. I'll be following you!

Let the weak hands sell, the strong will benefit the most

True...always think long term investment.

Thanks for this crypto news update providing...... i appreciate this post. keep it up

Steem has been a roller coaster. Just when you think you can start inviting people for a party, you have to cancel and reschedule for another few days. Lol. I'm joking. But it would be cool to watch Steem rise up again to Q4 2017

I just used the current dip to buy more Steem at a discount...It's kinda nice the way they keep having these "sales". LOL!

For minnow low steem price is favorable, it's easy to accumulate more steem. While the new ATH on the other side, is also favorable in spending.

I think this one is still a healthy correction. Considering the rapid rise of cryptocurrencies in general. We'll be back to the moon before we know it. :)

We need to get Bitcoin above 10k asap or this could deep SUPER HARD and make a new low at 5k... and that would be pretty bad for steem

The more it goes down during a correction, the better chance to get more of it before it goes back up.

I certainly hope it goes a little more down, I'm tight on cash these days and I wanna get more of it before it goes back up.

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Well steem continuously braking it's resistance again and again,so it's a good indicator that it will going to huge if it successfully break this resistance.

im long on steem. If you have ever promoted posts on Facebook you will realise the value of steem. Steemit will be huge and as the only currency on the platform it will moon.

I think will be 15-20 dolar in the end of years.

Steem will rise but when ?

I give it 2 years before it will be 50$ + :D ! No need to panic it will play out in the longterm, as always!