STEEM - Nice Up Trend - Consolidation in progress
Hello all,
The STEEM did a very nice breakout the last hours :
As you can see, we broke the resistance line that I traced to you several days ago and that break has been done with a very nice volume which is a good sign regarding the future of that UP.
Let's have now a look on the hourly chart :
We are currently consolidating and we should touch soon the MMA13 (Green Line). We can see that we are forming a short term triangle and a new Break Out should take place soon. It is always difficult to predict the direction of the Break Out but on this kind of chart, we have more probabilities to have a UP continuation.
I wish you massive profits and a happy New Year,
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.
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !
What an awesome week for Steem!!!
An awesome start of the year!
This week was very good for the stem, hopefully the next week will be so. @btcmillionaire
Thanks for your work, time to make STEEM and Steemit more professional than ever ... things are going BIG TIME !!
Yeah STEEM Go Up at 66 & Today !!
amazing start of the year. I hope this trend will continue :)
Hi @cryptopassion,
very glad to see the current position of Steem, which everyone was desired and hopping. now that's excited moments for all steemians. There is no doubt that it is a Gift of New Year for us. i agreed with your predictions, very nicely shown on graph the current position. there are up and downs and more chance to stability of Steem Rate between 6 $ to 10 $ in this month. any how it is good sign for Steemit.
UPVOTED & FOLLOWED
Best wishes for you, Stay Blessed.
I also write TA Check this: #5, #6.
from $2.8 to more than $6 :) Nice ...
So I buy steem now or wait for it to go down? @cryptopassion
it had a massive jump in the last 30 hours, after the conolidation we might see another spike, hoping its in upward trajectory
All aboard the STEEM train! Great to see it bust through previous highs back in July 2016. From your charting, it seems like we have similar trading minds, checkout my posts!
Hello crypto, cheerful new year mate! Here's to a sheltered and prosperous 2018.
I've shared my higher time allotment STEEM investigation today, yet I'm truly burrowing that hourly diagram you've posted. Simply uniting before another push higher it appears.
See you around
We can go up to $1.14. I also write TA Check this: #5, #6.
i hope steem will drop bit