Hello all,
So yesterday I was showing you that we used the support line to do a bounce and I was expecting higher highs to validate that bounce :
Here is the current chart :
We can see that our support line looks strong and stopped for the second time the drop.
However, I'm afraid that we break that support line in case of an important drop of the BTC.
One other scenario would be the "W" pattern that I traced you in green and which is a bullish pattern using the double Bottom.
I would suggest you to wait if this support line hold or not before buying new STEEM. You will perhaps miss the current prices but if the support line break, you will have the opportunity to buy them much more cheaper also.
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.
Interested to trade your cryptos like a Pro ?
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !