STEEM - Still on the double Top - Consolidating

in #steem6 years ago (edited)

Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

As you can see, we broke the double top but we are not able to take distance from it.

We are now in consolidating phase and this could be a triangle pattern. We should have a break out soon in one direction. The current trend is bullish but we cannot exclude a little correction so I will wait to know the direction before doing some new trades on the STEEM.

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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Nice run the last few days :)

It’s been awesome seeing STEEM catch a run up in price! It’s been a long few months watching STEEM price drop. I’ve been a buyer the whole time and no we’re all seeing some rewards. Part of me wants to hit new ATHs but another part wants more cheap STEEM. It’s a tough battle but someone has to wage it! Thanks for the update!

Steem is on fire, now we need SBD to catch up a bit.

Grow Steem Grow.

I see it making it to about 4.50 or even 4.60 before falling back to 4.20 or less and consolidating a bit.

i have an entry set at $4.20 and an optimistic one at $4.00

I agree, I think a pull back is inevitable but momentum on our side...Steem may go to $4.50 before pulling back.

What are your short and longer term targets?

A part of me wants its to come back down a bit to buy some more!

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Good job! Nice work and your opinion may shout in the point. Regards!

It's going to break up...it looks like it isn't going down and through 5 opens up 8

Steem will touch its ATH very soon if the same momentum continues for upcoming days.