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STEEM - Correcting but no worry just linked to BTC correction by cryptopassion

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steem · @cryptopassion · (edited)
$0.62
STEEM - Correcting but no worry just linked to BTC correction
Hello all,

Here is the chart of my last analysis :

![STEEMUSD.jpg](https://cdn.steemitimages.com/DQmTuUhSCbK1xoS6QeCi5DHNj5ae8yBVomd8RnM1ecPzaWk/STEEMUSD.jpg)

Here is the current chart :

![STEEMUSD.jpg](https://cdn.steemitimages.com/DQmXEaANxoV289QfEMcKYTCe1VmWekeC5PvW2wP5atMY6Am/STEEMUSD.jpg)

The STEEM is heavly correcting today due to a correction on the BTC. Today we had also the AMA from Justin but I don't think that correction is related as he mainly talk about a continuation of the existing STEEM, at least for the moment. So regarding the technical analysis, odds are high that we go touch the support line in red around 0.23$. Let's hope the market will stabilize on that point in order to be able to stay higher of that line.

I wish you massive profits,
[*Cryptopassion.io*](https://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. 

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

[![banner_cryptopassion03.png](https://cdn.steemitimages.com/DQmZB6svxXdd191JVE3HxhEizUdG2pjhyn5k16aHqAi86Rd/banner_cryptopassion03.png)](https://steemit.com/@cryptopassion)

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

<center>

![banner_cryptopassion_witnessvote01.png](https://cdn.steemitimages.com/DQmXmhgvbUDizFqYU5ixV1skzA6K7PnFkZDeU6QGesZHH3g/banner_cryptopassion_witnessvote01.png)

<div class="pull-left"> 

![banner_cryptopassion_viaSteemit01.png](https://cdn.steemitimages.com/DQmYDJXU44MEuXLSxKZ6cfJi2QkXT3osydYAcB774oc6oYR/banner_cryptopassion_viaSteemit01.png)

[![gif_witness_cryptopassion02(220).gif](https://cdn.steemitimages.com/DQmWqLw5XLTptcQNGQkwPJoeF43P3tEeuGFArmitJQtTjeu/gif_witness_cryptopassion02(220).gif)](https://steemit.com/~witnesses)

</div>

<div class="pull-right"> 

![banner_cryptopassion_viaSteemConnect01.png](https://cdn.steemitimages.com/DQmNar5iuqBYeYQ1HaRSaiXvMoXxr1uNE5SPzGZhWDhMTJm/banner_cryptopassion_viaSteemConnect01.png)

[![gif_witness_cryptopassion03c(500).gif](https://cdn.steemitimages.com/DQmYzYL4r6zqnW9B52zWRLxdSSbDUK9HaZ7PCjBAj6KHMEL/gif_witness_cryptopassion03c(500).gif)](https://v2.steemconnect.com/sign/account-witness-vote?witness=cryptopassion&approve=1)
</div>

</center>

![BARRE STEEMIT.jpg](https://steemitimages.com/DQmYmhKnCFVHLXSxr9YD54nT8R2GvdH7iKeFXpSKYy6kV3B/BARRE%20STEEMIT.jpg)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 38 others
👎  ,
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vote details (104)
@coininstant · (edited)
Yeah but BTC may correct back a few thousand more easily, so steem could continue the slide too!! We'll see!!!!! BTC back to 92, or 82, or $7750?? lol
👍  , , ,
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vote details (4)
@curatorcat · 
The decline in the Steem price looks to me mostly like one of the typical *"sympathy nosedives"* we see every time BTC takes a dive. I don't see much to be worried about...

=^..^=

Posted via <a href="https://steemleo.com/">Steemleo</a>
👍  
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