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RE: STEEM - Major Support Level

in #cryptocurrency • 7 years ago

To be honest things don't look good for STEEM in price. If we brake 2.20$ next support is at 1.40$. Also we are below all major moving averages, especially the 200-day SMA.

To be honest the price of Steem is very correlated with the price of BTC. And BTC looks like it's going down. I made an analysis yesterday on BTC, I would be glad to receive feedback on it from you. See my article HERE
Thanks for the update. :)

7 years ago in #cryptocurrency by
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     7 years ago 

    I’m on the phone now, but if btc price continue down, then it might retest $8000 which is a major support ( 6500-8000 ) as it is on steem, and from there continue highere. But i will make an btc Update tomorrow.

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     7 years ago 

    The roof the roof the roof is on fire we don't need no water let the motherfucker burrrrrn.
    🔥🔥🔥🔥🔥🔥

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       7 years ago 

      Cool ! I think today we break the 200 SMA and we will make a move downwards to test the 8400 and then the 6000

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