__________     __ __     __  _______    ________
  / ____/ __ \   / // /    / / / /  _/ |  / / ____/
 / / __/ / / /  / // /_   / /_/ // / | | / / __/
/ /_/ / /_/ /  /__  __/  / __  // /  | |/ / /___
\____/\____/     /_/    /_/ /_/___/  |___/_____/

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

STEEM - Double Top broken

BY: @cryptopassion | CREATED: April 24, 2018, 7:39 p.m. | VOTES: 232 | PAYOUT: $172.92 | [ VOTE ]

Hello all,

Here is the chart of yesterday :

[IMAGE: https://steemitimages.com/DQmaJKPxZy6fLahiZiyuxjSpDSuqqQU2uzoAdxGYHXD7wNs/STEEMUSD.jpg]

Here is the current chart :

[IMAGE: https://steemitimages.com/DQmXTyy2uMUJuCUQkaJoC9iYnpGBzm8SzVkct7PrkvoBeQJ/STEEMUSD.jpg]

Yesterday I was saying you that I was a little bit worried about the double pattern in formation. The break out on the Bitcoin allowed us to break that double top and to continue our UP trend.

We are now going quickly in direction of the next resistance line around 3.65$. This resistance line is important because look on that chart where it is :

[IMAGE: https://steemitimages.com/DQmVnDG4kuGkJgTp5kWME3GhYChhkEy7KdBi5sZ87fHUvpd/STEEMUSD.jpg]

This resistance line in red is splitting the last months on the STEEM between the big BULL trend that we had some months ago and the BEAR trend that we are having since some months now.

What does it mean if we are able to break it? It means that we could see very nice UP moves on the STEEM and perhaps even some moves to go test the higher HIGH !

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.

[IMAGE: https://steemitimages.com/DQmYmhKnCFVHLXSxr9YD54nT8R2GvdH7iKeFXpSKYy6kV3B/BARRE%20STEEMIT.jpg]

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[IMAGE: https://steemitimages.com/DQmYmhKnCFVHLXSxr9YD54nT8R2GvdH7iKeFXpSKYy6kV3B/BARRE%20STEEMIT.jpg]

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[IMAGE: https://steemitimages.com/DQmYmhKnCFVHLXSxr9YD54nT8R2GvdH7iKeFXpSKYy6kV3B/BARRE%20STEEMIT.jpg]

[IMAGE: https://steemitimages.com/DQmbJcXzE2FB5KJUmiUeFkmeBSSaTmas54M6B4dks6snWPY/CryptoPassion-Banni%C3%A8re.jpg]

[IMAGE: https://steemitimages.com/DQmYmhKnCFVHLXSxr9YD54nT8R2GvdH7iKeFXpSKYy6kV3B/BARRE%20STEEMIT.jpg]

TAGS: [ #steem ] [ #trading ] [ #money ] [ #cryptocurrency ] [ #crypto-news ]

Replies

@hanamana | April 24, 2018, 7:41 p.m. | Votes: 1 | [ VOTE ]

Hi cryptopassion,

Good to see Steem break that double top because I bought some SBD other day and it is up too.
Nice charting as usual.

@cryptopassion | April 24, 2018, 7:44 p.m. | Votes: 1 | [ VOTE ]

Hello hanamana, well done. I expect a little correction soon but if you are a long term investor, STEEM and SBD could give you nice profit ;) Take care

@hanamana | April 24, 2018, 7:46 p.m. | Votes: 0 | [ VOTE ]

I wonder how high Steem and SBD could go up by end of this year? $10, 20 or $50?

@cryptopassion | April 24, 2018, 8:01 p.m. | Votes: 1 | [ VOTE ]

I'm very rational in my way of trading. So my first objective is to go test previous higher high around 8.8-8.9$. If we can break it, the market will start a new buble and tbh, I will analyse at that moment which uptrend resistance line could stop us. It is a little bit earlier now to determine that but continue to follow me and for sure I will inform you. Take care.

@orges1 | April 24, 2018, 7:41 p.m. | Votes: 0 | [ VOTE ]

Love For Steem bro ♡

@joyart | April 24, 2018, 7:51 p.m. | Votes: 0 | [ VOTE ]

Wow! Best news for the night

@apiprincz | April 24, 2018, 7:42 p.m. | Votes: 0 | [ VOTE ]

wow, that is a great news at this point in time. If the next resistance point is broken then we can be sure steem will hit the $10 mark before the close of the year

@hms818 | April 24, 2018, 7:43 p.m. | Votes: 2 | [ VOTE ]

Double top broken, very strong bullish sentiment!

@wowearth | April 24, 2018, 7:44 p.m. | Votes: 1 | [ VOTE ]

Absolutely ryt!

@kamchore | April 24, 2018, 7:57 p.m. | Votes: 0 | [ VOTE ]

Glad to see happy days with nice bullish trend of Steem is coming back. It is a good sign that double top broken. Keep sharing @cryptopassion Congratulations to all steem family members

@opuahmed | April 24, 2018, 7:58 p.m. | Votes: 1 | [ VOTE ]

best app for view cryptocurrency stats and signals https://usignals.com[IMAGE: https://steemitimages.com/DQmRAvEkANBNJmKF9p7BU8RyZuAphr7v99W8KYQSZdmjLnC/image.png]

@moondarker | April 24, 2018, 8:04 p.m. | Votes: 1 | [ VOTE ]

Thanks for the update and analysis!

@younus2 | April 24, 2018, 8:10 p.m. | Votes: 1 | [ VOTE ]

Thanks for your new post..all the best..
upvotte and resteemit.

@kofibeatz | April 24, 2018, 8:11 p.m. | Votes: 0 | [ VOTE ]

THe trick is whether or not to sell your steem as profit when the bull comes..

@cryptocurrency4 | April 24, 2018, 8:17 p.m. | Votes: 1 | [ VOTE ]

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@kywt | April 24, 2018, 8:19 p.m. | Votes: 1 | [ VOTE ]

Certainly feels like we are on a new trend. Hoping it’s not a bull trap!

@gvincentjosephm | April 24, 2018, 8:33 p.m. | Votes: 0 | [ VOTE ]

Alright! It's looking good. I can smell some money.

@jpolanco | April 24, 2018, 8:43 p.m. | Votes: 0 | [ VOTE ]

Hello how are you ! Excellent Post, I hope you have time to read my Post, I still do not know how to reach more people. God bless you.

@brothermic | April 24, 2018, 8:46 p.m. | Votes: 1 | [ VOTE ]

exciting! I love to see steem do this.

@gohba.handcrafts | April 24, 2018, 8:57 p.m. | Votes: 1 | [ VOTE ]

Very nice mate, its a good signal indeed. I see breaking and holding $4 an important milestone.

I think we will have some pullback across the market in coming days, but not huge.

@cryptoiceman | April 24, 2018, 9:13 p.m. | Votes: 1 | [ VOTE ]

If it gets above $5 that will be dam impressive

@cyberblock | April 24, 2018, 9:42 p.m. | Votes: 3 | [ VOTE ]

Steem to $30 this year!! I wouldn't be surprised

@dalexx | April 24, 2018, 9:43 p.m. | Votes: 1 | [ VOTE ]

good to see recovery...

@nzfxtrader | April 24, 2018, 10:02 p.m. | Votes: 0 | [ VOTE ]

The Bulls are back and breaking barriers!

@ryanng | April 25, 2018, 6:16 a.m. | Votes: 0 | [ VOTE ]

double top broken, but I would prefer to see if it breaks your red line at the top. that would be a clearer sign that its heading higher up!

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