STEEM - We failed to break the resistance line at 2.85

Hello all,

Here is the chart of yesterday :

Here is the current chart :

As I was explaining you yesterday, we were following closely the MMA20 and we reached the resistance line at 2.85$. However, the bull volume was not enough this time to break that resistance line and the drop came back.

We have now to look at the previous low, we broke it during some hours (brown line) but we are now up again. It is possible that we use that line as support to continue the UP. However, if that little support doesn't hold, I'm afraid that the correction will continue in direction of the MMA50 (violet line). Let's see what will happen in the coming hours.

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.