STEEM - We should test soon the resistance line for the third time

in #steem7 years ago

Hello all,

We should soon go test again my resistance line related to the previous TOP :

STEEMUSD.jpg

The third test of a support and resistance line starts to have nice probabilities to succeed.

The more we test this kind of line, the more these lines are becoming weak.
A nice break out on that line with an important volume will confirm the break of that line and allow us to define new objectives.

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.

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On this time we should go up ;)

According to your opinion and your experience of what you think will rise more in the next time (SBD or Steem ) !!!

Steem to the moon!!! This will change so many peoples lives... love crypto!!!

If we continue to test the resistance level, it will give way sooner or later. Let's bust through back to ATHs!

And again it all depends on what damn Bitcoin is doing. I'm so sick of being dependent on BTC and all these nice charts mean nothing, if BTC is going down...

do you think STEEM/SBD will rise in line with BTC or become more independent?

That's exactly, what I just wrote. All these charts mean nothing as long we are dependent on BTC!

Yeah just checking I understood what you've done correctly! Would be great to see us deviate in an ethereum-like way, potentially if we see Steemit subscriber number increase significantly?

Well, Ether is also dependent on BTC. What needs to happen is that exchanges open up to alternative trading pairs.

Do you think it's trite to artificially increase trading volume if a trading pair has low transaction volume? For instance, a lot of X/LTC on cryptopia; would you be for, or against, artificially boosting the volume of, for instance, PRL/LTC?

I would prefer trading pairs with a lesser volatile currency. At the moment this is only fiat and before we can think about increasing volumes, there have to be more STEEM/Fiat pairs to get independent.

For sure. If STEEM gets listed on COSS then that will inevitably list a STEEM/USD option if they get their fiat pairings go ahead as planned.

do you think STEEM/SBD will rise in line with BTC or become more independent?

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Can you make this for IOTA?

I believe we will break that resistance this time and never come back again.

Thanks for this crypto news providing... i appreciate this post. keep it up

very good posts and very important information