Steem ready for next dump, TA 16th October 2016

piphunters (52)in #beyondbitcoin • 8 years ago

STEEMBTC 4HR ANALYSIS (POLONIEX)

Steem is currently sitting right in the support area and it looks that a break to the downside is once again imminent, until break occurs small spikes may occur around this area but any spikes in price cannot be sustained and is expected to be held around 0.00051973 before bouncing back to the lows again.

Key Levels:
Support: 0.00040187
Resistance: 0.00051973

Disclaimer: The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. It should not be regarded as investment or trading advice. The author does not warrant the accuracy, correctness, or completeness of information in its analysis and therefore will not be held liable for any loss incurred.

About me: I specialize in trading market breakouts, if you like my analysis and want to see analysis in other areas like forex, commodities and indices you can find me in tradingview.com here or contact me through my website www.thepiphunter.com

#steem #steemit #bitcoin

8 years ago in #beyondbitcoin by piphunters (52)

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asmolokalo (60) 8 years ago (edited)

.

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lydon.sipe (67) 8 years ago

I have been waiting to buy on another breakout. Thanks for posting this.

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piphunters (52) 8 years ago

you are welcome

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simonjay (76) 8 years ago

Yes indeed i noticed the small spikes, lets see what happens thanks for the report upvoted.

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piphunters (52) 8 years ago

you are welcome

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nextgen622 (71) 8 years ago

Thanks mate. I've been following you and find your TA charting and commentary to be very valuable. Keep up the good work.

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piphunters (52) 8 years ago

thank you!

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maarnio (73) 8 years ago

We are breaking down now.

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steemitboard (66) 7 years ago

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steemitboard (66) 6 years ago

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