STEEM (STEEM/USD) Dump how far can the price drop? by criptoar

hive-167922 · @criptoar · Mar 22 '20

$0.99

STEEM (STEEM/USD) Dump how far can the price drop?

The price has dropped to $ 16 cents, after the sharp drop after the air launch.

Let's see

![Captura de pantalla 2020-03-22 a las 11.38.29 a.m..png](https://cdn.steemitimages.com/DQmbGYmnbHCaTLqNkpwNZi8zjKtaYG4tmVkuP12nDVjsZ2x/Captura%20de%20pantalla%202020-03-22%20a%20las%2011.38.29%20a.m..png)

If we analyze the chart, we can define an ABC correction that led the price to remain up to $ 0.12 at its minimum value.

It would correspond to a 0.886 fibonacci retracement.

Being $ 011 the support price.

What do you think?

Leave your comment or your vote. Your opinion and participation is important

Protect your assets use Stop loss

> The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.

Remember to give your post a vote, Thanks

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If the analysis helped you, give your vote with some steem, thanks !!

Lately I have noticed that there is no good analysis on steem, everything takes time, I ask that as you read them leave your vote, it is a way to encourage you to continue making more reports, thanks.

Feel free to use and share my post or graphics, but please mention, @criptoar as the author. Otherwise, consider plagiarism and I will call you and advise my friends to do the same.

READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are.
Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment.
If you make exchanges or investments after reading this publication, it is entirely at your own risk. I am not responsible for any of your gains or losses. By reading this publication, you acknowledge and agree that you will never hold me liable for any of your profits or losses.

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<center>[![Captura de pantalla 2019-03-10 a las 10.38.20 p.m..png](https://cdn.steemitimages.com/DQmUXdgVEAjQdFKVqaniCo8Jy9weegpH1RzkiS4S3yVrdJt/Captura%20de%20pantalla%202019-03-10%20a%20las%2010.38.20%20p.m..png)](https://tippin.me/@Criptoar)</center>

👍 tipu, toofasteddie, kryptogames, happy-soul, dappstats, fego, aotearoa, jalentakesphotos, mightypanda, rollandthomas, esthersanchez, mia-cc, exe8422, khalil319, veganomics, freakerz, cn-leo, steemitrep, techken, mindtrap-leo, tonimontana.leo

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@cardboard · Mar 22 '20

Hi @criptoar - can you also post on Hive?:)

👍 criptoar

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@criptoar · Mar 22 '20

I don't know if posting steem on Hive would be correct.

I was going to be, but I didn't think it was right to post about crypto steem on Hive

Being that many people are angry about what Justin did, but on the other hand, many have invested money in buying steem (and we are at a loss). They spent several years doing post for the community and it is hard to get used to it

I will leave steem little by little, as far as I can, the Hive thing is still very recent, it will be a matter of adapting little by little

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@cardboard · Mar 23 '20

> I will leave steem little by little, as far as I can, the Hive thing is still very recent, it will be a matter of adapting little by little

That's a good strategy :) see you there! Also I don't think that anyone would mind writing about steem there, peeps seem to be rather relaxed :)

👍 criptoar

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