STEEM - Still inside the long term triangle - New mini triangle created

Hello all,

We are still stucked inside the long term triangle, waiting for a break out before the APEX (intersection of the 2 lines) :

Now look that second chart :

We are creating a new smaller triangle inside the long term triangle. As you know all now, each triangle gives a break out in one direction which is always very hard to predict.

• If we have a UP break out (green arrow) from that smaller triangle, it could help us to go test the resistance line (upper line) of the big triangle.
• If we doing a DOWN break out, it is really a bad news because it will start also the break out of the main triangle as we will break the 2 triangles in the same time...

Stay careful and hope a UP break out from that mini triangle or we have a high risk to break the major support line that we are using since months now.

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.

Version française ici : [FR] STEEM - Toujours à l'intérieur de notre triangle long terme - Nouveau mini triangle en formation