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STEEM - Support line broken - Immediate acceleration of the correction by cryptopassion

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steem · @cryptopassion ·
$48.23
STEEM - Support line broken - Immediate acceleration of the correction
Hello all,

Here is the chart of yesterday : 

![STEEMUSD.jpg](https://cdn.steemitimages.com/DQmWJMjEueYVfKuYGjhgEuz48Vvkq4ygD5RTC3uVL4yiFuU/STEEMUSD.jpg)

Here is the current chart :

![STEEMUSD.jpg](https://cdn.steemitimages.com/DQmavfwTz9MXDGkeTvgthaGBCrRr3uv1cPLjQhiiRzuosAX/STEEMUSD.jpg)

The support line in brown didn't hold the correction and we see now the result... We had an important correction which just ruined our short term  UP trend. We are now in direction of the support line in orange, old support line created by the lower line of the triangle. We should at least bounce a little bit on this line. Let's hope we won't break it also.

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.

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

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[![CryptoPassion-Bannière.jpg](https://steemitimages.com/DQmbJcXzE2FB5KJUmiUeFkmeBSSaTmas54M6B4dks6snWPY/CryptoPassion-Banni%C3%A8re.jpg)](https://steemit.com/@cryptopassion)

![BARRE STEEMIT.jpg](https://steemitimages.com/DQmYmhKnCFVHLXSxr9YD54nT8R2GvdH7iKeFXpSKYy6kV3B/BARRE%20STEEMIT.jpg)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 243 others
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vote details (307)
@amahovac93 · 
Why is Steem taking so bad of a hit?
I hope this changes as steemit is such an amazing platform
👍  
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vote details (1)
@asiahajranajma ·
$0.12
HE MADE A PROFIT $2,341  IN JUST FEW HOURS WITH PROOF.

HAPPY TRADING.

http://traderecorder.com/index.php/2018/07/20/usdcad-morning-trade-successful-with-profit-2341/
👍  ,
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vote details (2)
@asiahajranajma · 
HE MADE A PROFIT $2,341  IN JUST FEW HOURS WITH PROOF.

HAPPY TRADING.

http://traderecorder.com/index.php/2018/07/20/usdcad-morning-trade-successful-with-profit-2341/
properties (22)
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@binoy2018 · 
Thanks sir for this sharing..and nice info.
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@cryptoguru1 · 
wow very interesting. I am following you now, please follow me and check out my work
properties (22)
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@imusaj94 · 
Maybe will create another low.
properties (22)
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@infocentral · 
This is great information! Do you ever do Elliot Wave Analysis?
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@cryptopassion · 
Nope sorry, I have a very classic way to analyse charts
properties (22)
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