STEEM - Support line at 3.65$ broken - Bounce in Progress by cryptopassion

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steem · @cryptopassion ·
$92.09
STEEM - Support line at 3.65$ broken - Bounce in Progress
Hello all,

Here is the chart of yesterday : 

![STEEMUSD.jpg](https://steemitimages.com/DQmP7c4gBFH1yQSkrMUa5554W1zmTbejwMyWBQdgxe5VVQB/STEEMUSD.jpg)

Here is the current chart : 

![STEEMUSD.jpg](https://steemitimages.com/DQmX3TZVDKYTg25YqsSQ21qQfzJC9NUEaFyDcCGD3dyo3cH/STEEMUSD.jpg)

As you can see, the break of the support line at 3.65$ has been validated and it creates immediatly a big red candle. We have now a pause in the drop and the BTC is helping us to do a little bounce. 

My first objective for that bounce is to go back test the line that we just broke at  3.65$. If we can go higher than this line, it could be interpret as a very nice bull indicator. Let's see what will happen in the coming hours, the momentum is very interesting for the future trend which will take place.

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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👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 122 others
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vote details (186)
@ssjsasha ·
$0.21
what about steem dollars?
👍  
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vote details (1)
@rakeshsjaky · 
Please, cryptopassion brother give vote on my comment
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@dahlsom · 
Great post, thanks... support becomes resistance.
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@joel0101 · 
Let´s hope that it gets very, very, very bullish. Would be great!
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@workin2005 · 
Good analysis. Thanks for sharing. I think Steem is going to rally when Bitcoin does. I expect all time highs within the next few months.
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@qurator-tier-0 · 
<div class="pull-left"><img src="![Qsmall.png](https://steemitimages.com/DQmcWoZUnPrRW1UdZeVPWhHpnXfkgWAdFHGxMrSgZoxSZw8/Qsmall.png)" /></div>
		
<center>You just received a Tier 0 upvote!  Looking for bigger rewards? Click [here](https://steemit.com/qurator/@qurator/qurator-tier-changes) and learn how to get them or visit us on [Discord](https://discord.gg/nhQehdv)</center>
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@coinlocket · 
I'm just looking to establish a position in the Steemit community, and would appreciate to find some people like me, so we can mutually support one another. subscribe @coinlocket
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