STEEM - Little UP before bigger Down ?

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Hello all,

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

The Steem is still progressing a little just upper than the support line around 0.16$ but look how the candles are small and without any volatility. This kind of pattern is often the sign that we don't have the volume needed to continue in that direction and that a sudden move in the opposite direction will come soon. The Support line at 0.16$ is still there to help us in case of correction but not sure this will save us a second time.

I wish you massive profits,
Cryptopassion.io

Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you 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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STEEM - Little UP before bigger Down ? | Ecency