STEEM - W pattern - in direction of our resistance lines by cryptopassion

steem · @cryptopassion · Mar 11 '18

$104.77

STEEM - W pattern - in direction of our resistance lines

Hello all, 

Here is the chart of yesterday where we were trying to break the support line in yellow : 

![STEEMUSD.jpg](https://steemitimages.com/DQmNpkpyE1ZcdJv8eC6PdKrwyK3kZ43cJAnfxs1JZqYywAS/STEEMUSD.jpg)

Here is the current chart : 

![STEEMUSD.jpg](https://steemitimages.com/DQmULr8B5MkvCETMXyWYp7EuHUfSpjcwbSktRcmf6rCePpA/STEEMUSD.jpg)

The support line in yellow created a bounce and we are now going in direction of the little resistance line in bleue. This resistance line is not a powerfull one and I don't expect that it will stop us for a long time. The support line in orange is much more important for the future trend so let's see what will happen when we will reach these levels.

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](https://steemitimages.com/DQmYmhKnCFVHLXSxr9YD54nT8R2GvdH7iKeFXpSKYy6kV3B/BARRE%20STEEMIT.jpg)

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[![CryptoPassion-Bannière.jpg](https://steemitimages.com/DQmbJcXzE2FB5KJUmiUeFkmeBSSaTmas54M6B4dks6snWPY/CryptoPassion-Banni%C3%A8re.jpg)](https://steemit.com/@cryptopassion)

![BARRE STEEMIT.jpg](https://steemitimages.com/DQmYmhKnCFVHLXSxr9YD54nT8R2GvdH7iKeFXpSKYy6kV3B/BARRE%20STEEMIT.jpg)

👍 cryptopassion, adsactly, yoo1900, jrcornel, vlemon, herverisson, tellmestory, becometheartist, velimir, atmosblack, mihaisyblu, d0zer, mike.cogo, racletteparty, qurator-tier-0, cknr7, kdee916, supreme, brettcalloway, g-dubs, rayvanve, steemprentice, natachayacinthe1, windrockswater, andyluy, jurel, fabricus, allmonitors, gekko, jschindler, arfa, gmichelbkk, enazwahsdarb, protoken, artmom, zmzngrg, tuxedohawk, stinas, mohsen63, cryptomatters, berdian, theduke, duane.dos, a-0-0-0-a, keviginge, ajlight, santigs, kywt, owca1992, c4rd4n0, doctoreric, lyubomir, hisiecho, senteno77, sakura33, ribbitingscience, theshadowek, precisesound, tux6845, affinity12, aoda, e-gaucho, spikezoid, belalkhanmamu, and 37 others
👎 benjojo

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@senteno77 · Mar 11 '18

thanks for the info

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@mahanjonk · Mar 11 '18

thanks for sharing crypto-news...
resteemite done....

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@sisiwang · Mar 11 '18

good information.  thanks

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@reemy · Mar 11 '18

$0.78

Hope bulls comeback again

👍 reemy

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@clayz · Mar 11 '18

I hope too! But it is a question of time..

👍 clayz

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@samosw · Mar 11 '18

As the friend @reemy said, you have to have hope. Same thanks for the information.

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@russianbitcoin · Mar 11 '18

$0.05

Bitcoin has "beared" the market. It is unlikely to expect the growth of Steem in the nearest future...

👍 russianbitcoin

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@cuiddyjahorge · Mar 11 '18

looks like a butterfly pattern and it seems its going to favor a bullish trend.

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@silentdiscourse · Mar 11 '18

Educating myself on ICOs still so posts like this are definitely helpful, thanks :)

Can you explain what a support line is?

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@brettcalloway · Mar 11 '18

$0.39

I’m hoping to see prices over sold for another couple months. For me personally a nice pump starting in June or July will be great and allow me time to get more invested in the near term while prices remain affordable. I’m keeping my eye on the STEEM price and can’t wait to get more even cheaper! Thanks for the update!

👍 brettcalloway, victoriacalloway

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@jarvie · Mar 11 '18

I agree. I'm not selling anytime soon

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@izge · Mar 11 '18

Thank you for good content and keeping us informed.

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@ghazalifahmi · Mar 11 '18

The post is very impressive @cryptopassion 😎😎

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@thinline · Mar 11 '18

Steem will redeem itself soon. Just HODL!
(Follow me guys and I will Follow back)

👍 thinline

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@johndogett · Mar 12 '18

$0.66

Steem follows the btc trend. I hope this will end one day and break free from this nonsense !!!

👍 johndogett

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@grizgal · Mar 12 '18

$0.11

All crypto follow btc currently. It won’t have reached mainstream adoption until each crypto is assessed on its merits and priced accordingly.

👍 grizgal

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@grizgal · Mar 12 '18

$0.12

Looking good. Onwards and upwards.

👍 grizgal

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@mdmiraz · Mar 13 '18

I wish it can solve to fast and steemit user restsrt this

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