STEEM - We just broke our support line

in #steem7 years ago

Hello all,

As expected, the STEEM is following the trend of the Bitcoin and we just broke one major support line on the STEEM :

STEEMUSD.jpg

Let's see how the buyers will react in the coming hours. It could be a simple Head Fake before a return upper than this support line or it could be the start of a new correction after that long period of consolidation...

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.

BARRE STEEMIT.jpg

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May end up being a buying opportunity for a short time.

Nvm, I hope that Steem will up to moon in long term!

From a daily perspective, it looks like we could trade lower, but buyers should respond and I'd expect a bounce and continue the bull rally.

I've been blessed to find Steem project in early days. Always believed in Steem and it's community and I'm planing to give my STEEM and SBD to my grandchildren p.s if i have any...

Steem will have its breakout any day...
Smart media tokens
Millions of users incoming
Strong word to mouth community
More ways to burn steem
what about the theme, whether one day one theme such as colorchallenge, thanks.yuyguhgsre45r.png

totally agree with you. steem is curently undervallued.

I think steam can not break 39000 satoshi

excellent vlog wooo wooo.
a surprise is Steem will continue to increase because people are realizing the importance and value of Steemit, which is fired crazy with cristomania, and we have to continue to support, all the friends that enter the steemit, for being our allies, in the network and our future and every day more we learn something new. Thanks for news and Steemit is promoting to achieve great success.

Stmeeit is the great platform our world society.thanks for your great shearing

I have no worries my friend im in it for the long term, i think steem will start to moon because crypto is still young and alot of people are just now finding about about crypto and Steemit more and more people are joining everyday its just a matter of time until it all goes back up again, just remember crypto is the new money and whatt do people like to do buy new things from cell phones to cars to crypto its just a waiting game now brother and im following you thanks for the post i just did a few post myself

My thoughts are Steem will be $10 by the end of 2018. 100% plus return in one year. I will take it.

Ohh. That's terrible. I hope this issue will resolve soon. Thanks for this information.

Oh very nice post and very intresting i impresad this post

Perhaps it is time to buy? Best of luck to all.

Thank you for the updates

Oh my god !!!! 😱😱

Steem is on a roller coaster ride !! And so are we !!

Thanks for the bitfinex 10% discount link !! 😬😬 I am going to join in now ✌🏻

F7AB9893-361F-45FA-88D0-BF0BE40116DC.png

@cryptopassion
The entire market is in a bit of a spin right now, guess we wanted some action and so we getting some of that today, question is whether we can break up on this current trend or do we see more down trend below recovering.

all fingers and toes crossed right now for all markets. I still fully support all crypto. and my faith in @steem runs deeper than just to monetary value placed on it.

Blessings, and positive thoughts ...

it's time to buy!

Nice, I'll be looking to buy more soon.

thank you for updates, very interesting

If I could I would buy more steem, but it’s really the best investment to me, after Silver and Gold that is....

Exellent explanation

I hope that steem brakes out soon..

I think its future is good

Every dip in steem is a opportunity to buy, seem is a undervalued crypto currancy and deserve in double digit value in coming six months. thanks fo updating us.

Thanks for the update

its been a resting period for the bulls, but a great time to buy. At the end of the day I see steem at $25 by the end of the year

$3.80 looks to be more of a major level to watch. Watch it

Lets hope it goes up again. Otherwise I bought too high 😔

Loved the analysis! If any one of you wanna know why the price of Raiblocks is tanking so hard, feel free to check out my post as well! :)

https://steemit.com/bitgrail/@stevensteel/bitgrail-exchange-blocks-all-raiblocks-withdrawals-xrb-s-price-tanks-breaking-news

It doesn't really matter. It's only temporary. Steem will continue to grow in the longer time anyway :-) We are the future of the social media!

I think it might get a little lower, but no significantly, it would be interesting to know how many new members are now in this space and new money that came in, we are here for the long run, I feel it will go up easily 4 dollars more the price by the end of the year.

Hi @cryptopassion and everyone,

Have you ever consider SP delegation as a way to make extra profit? Besides, as a way to increase reputation and gain followers.

How about sp-investment as a way to support minnows and the whole community?

The following link is not a scam. Just, please read this message from these minnows:

https://steemit.com/steemit/@chloeroy/supporting-minnows-we-are-supporting-the-steem-future

I don't need your vote, just help them, please.

Thanks !

All the best ahead. Keep us updated.
Upvoted

How lovely would it be if Sbd stays strong while Steem takes a correction.....I’m hoping for another chance to really power up :-D