Steem to test previous lows in coming sessions - TA 01st October 2016 by piphunters

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steemit · @piphunters · Oct 1 '16

$3.02

Steem to test previous lows in coming sessions - TA 01st October 2016

<html>
<p><strong>STEEMBTC 4HR ANALYSIS (POLONIEX)</strong></p>
<p><img src="https://www.tradingview.com/x/nCw2Lmj8/" width="1184" height="680"/></p>
<p><br></p>
<p>Steem has broken out of the previous corrective structure to the downside as expected and is currently forming a new corrective structure which can be expected to go sideways before breaking down towards the previous lows around 0.00068242.&nbsp;</p>
<p>As stated in the earlier analysis any recovery is highly unlikely at this point and we should see the previous lows tested in the coming sessions.</p>
<p><strong>Key Levels:</strong></p>
<p>Support: 0.00068242</p>
<p>Resistance: 0.00081919</p>
<p><br></p>
<p><br></p>
<p>&nbsp;<strong>Disclaimer: </strong>The information contained herein is not &nbsp;&nbsp;guaranteed, does not purport to be comprehensive and is strictly for &nbsp;&nbsp;information purposes only. It should not be regarded as investment or &nbsp;&nbsp;trading advice. The author does not warrant the accuracy, correctness, &nbsp;&nbsp;or completeness of information in its analysis and therefore will not &nbsp;be &nbsp;held liable for any loss &nbsp;incurred.&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</p>
<p><br>
 <strong>About me: </strong>I specialize in trading market breakouts, if &nbsp;&nbsp;you like my analysis and want to see analysis in other areas like &nbsp;forex, &nbsp;commodities and indices you can find me in tradingview.com <a href="https://www.tradingview.com/u/piphunters/">here </a>or contact me through my website www.thepiphunter.com&nbsp;&nbsp;&nbsp;</p>
</html>

👍 fuzzyvest, arama, officialfuzzy, asmolokalo, bue, dan-atstarlite, clevecross, meesterboom, orcish, bue-witness, boy, siniceku, bones, mini, daniel.pan, bunny, healthcare, simonjay, tradz, bones555, helen.tan, piphunters, moon, bones261, maarnio, anomaly, timstar

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voter	rshares	pct
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boy	5,615,363,587	100%
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bunny	1,198,529,023	100%
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siniceku	3,794,311,135	100%
simonjay	779,970,957	100%
timstar	131,117,660	100%

@maarnio · Oct 1 '16

Wrote yesterday on Steem.  We are coming closer to my invalidation level.

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@meesterboom · Oct 1 '16

Is all lost?

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@piphunters · Oct 1 '16

no why would that be... it will never hit 0 as long as even handful of people have belief in the system

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@meesterboom · Oct 1 '16

Then it's all safe!

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1 reply

@simonjay · Oct 1 '16

Very interesting I noticed big time something wasn't right lets hope it can somehow pick up again. Thanks piphunter re-vote.

properties (22)