Steem Technical Analysis - Steem is in a free fall
steem·@penguinpablo·
0.000 HBDSteem Technical Analysis - Steem is in a free fall
After a high of $1.29 just a few hours ago Steem is going down rapidly right now. Steem lost half of its market capitalisation in 3 hours. Welcome in the world of cryptocurrencies where everything is possible. One Steem is still worth $0.64 so no worries. I hope you sold some Steem at these crazy high levels yesterday. I've used this pullback to buy back the Steem that I sold yesterday. High on Poloniex: 0.00077800 BTC Current price: 0.00036989 BTC (-48%) https://steemitimages.com/DQmPmWzWiUkWf1zJn1AgAVca4yedQ7P2JLUJKA3FrsSAsno/image.png [Open full screen](https://steemitimages.com/DQmPmWzWiUkWf1zJn1AgAVca4yedQ7P2JLUJKA3FrsSAsno/image.png) ## Support levels My first support level was at 0.00037700, but that one is already broken. It was the high of 2 days ago and also the start of the breakout yesterday. (orange circles) My next support levels are 0.00034500 BTC and 0.00032000. (the blue lines) --- <center><sub>¯\\___(ツ)____/¯ *Don't miss out on my next post! Follow me @penguinpablo*</sub></center>
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