STEEMBTC - Price Action and Possibilities

STEEMBTC - Price Action and Possibilities

By Oligon | structure_trading | 28 Jun 2019


Just a possibility of what could happen with price, as there is an alternative bounce on the supply level at 0.0000313 from where price is currently reacting.

If it keeps inside the triangle, we might see more correction before breaking to the downside.

If it respects the supply level, this might be the entry signal for a short trade.

Either way, my expectation is for price to go down to make new lows.

Happy trading!



structure_trading
structure_trading

A blog about trading analysis, in which I explain my thought process and trading ideas to share with the community.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.