STEEM - Resistance line at 0.39$ not touched

in #steem6 years ago

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

So exactly like the BTC with its resistance line at 5400$, the STEEM has not been able to go touch its resistance line at 0.39$. This is not a good sign because if we don't do it, we are doing lower highs which mean that the DROP is not yet finished. Let's see if we will find the volume and the power to go touch that line and even break it or if the sellers are preparing to be back very soon.

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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We need more investors or traders for steem right?
Or everybody seems to be a bear right now?

Posted using Partiko iOS

For sure investors and traders are welcome on STEEM but they need also to see that they can do profit on that crypto and currently this is easier for them with other cryptos... as simple as that

Let us do better, everyday.
I will still promote Steem in my community.

Posted using Partiko iOS

Stinc had to fire almost the whole staff this winter and is re-hiring. At some point, they powered down a lot of Steem. I have my suspicions as to why the price of Steem isn't going up.

Congratulations @cryptopassion! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><span><img src="https://images.hive.blog/768x0/https://steemitimages.com/60x70/http://steemitboard.com/@cryptopassion/posts.png?201905020549" srcset="https://images.hive.blog/768x0/https://steemitimages.com/60x70/http://steemitboard.com/@cryptopassion/posts.png?201905020549 1x, https://images.hive.blog/1536x0/https://steemitimages.com/60x70/http://steemitboard.com/@cryptopassion/posts.png?201905020549 2x" /><td>You published more than 1500 posts. Your next target is to reach 1600 posts. <p dir="auto"><sub><em>You can view <a href="https://steemitboard.com/@cryptopassion" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">your badges on your Steem Board and compare to others on the <a href="http://steemitboard.com/ranking/index.php?name=cryptopassion" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Steem Ranking<br /> <sub><em>If you no longer want to receive notifications, reply to this comment with the word <code>STOP <p dir="auto">To support your work, I also upvoted your post! <h6><a href="https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Thanks for the analysis. Hopefully we will see some more promising moves soon.