Finally seeing some green - I was really worried last night when BTC started to touch $2190 (Bittrex) at 2am EST.
The new line in the sand to watch for the BTC is $2190 so keep that on your radar, a drop below that should take us down to $2000 level. At this point that fact that we peirced thru $2200 - sets us up for some more selling.
Back to STEEM see updated levels below:
Key Levels to watch on STEEM
Upper Resistance = 0.0005593 (once broken we should see a new push up)
Lower Resistance = 0.0004242 ( once broken we should see a further slide down)
I'm watching for more opportunities to pickup STEEM at these low prices as we see a follow-thru in this buying today. If we see the follow thru this week - we will break thru 0.0005593 and head back up to 0.0006 and 0.0007 range as cryptos bounce.
Keep a close eye on these levels - tight stop limits on your holding and watch for follow-thru in the buying before you jump in with both feet.
Order book looks positive so far, no BIG sellers so we should see some recovery today.
Good luck today! Post your questions and comments below.