Long
STEEM / USD x10
STEEM still sitting at strong support near $0.2 area. Currently it is forming a double bottom which is yet to be confirmed. Price seem to bounce off the downtrend trendline, providing another support for the pair.
Although it is still a downtrend, if double bottom is formed and Moving Average is broken, this shoud result in a trend reversal. In this case first target is the nearest Fib level, located at $2 resistance.
Although it is still a downtrend, if double bottom is formed and Moving Average is broken, this shoud result in a trend reversal. In this case first target is the nearest Fib level, located at $2 resistance.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.