STEEM - Pull back from Resistance Line - Bounce from Support line

Hello all,

Here is the chart of yesterday :

Here is the current chart :

The Steem really doesn't know which direction to take. Yesterday it tested the resistance line (higher red line) and it created an immediate pull back. This pull back went to test the support line (lower red line) which created an immediate bounce.

As you can see, it becomes very hard to trade between all these lines except if you are doing scalping trades, I mean the trade of very little moves. For my part, I will wait that the market takes a direction and I will follow the trend when it will be done.

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.

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