Yes Hive account@masoncerritos as i explain in the graph that we have seen the level before around 0.00061690 ($1.51), And after this point we got a break down. So when it couldn't go higher than that we named it as a resistance level.
Let's call it Your home floor (support) and the ceiling(resistance).
So Steem hit the ceiling and couldn't go higher than that and then go down. And in the second time it break this level, so when it got broken it will keep up with another floor, that form a new Floor which is the ceiling from before and ceiling number 2.

Your most welcome.