STEEM Technical Analysis: KEY SUPPORT BROKEN

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·@workin2005·
0.000 HBD
STEEM Technical Analysis: KEY SUPPORT BROKEN
![Analysis_Logo Resize.png](https://cdn.steemitimages.com/DQmPGS4NFos8KZvW7KRjkYs21czufu92Vr9qooFwGNJm5vc/Analysis_Logo%20Resize.png)
### STEEM has broken below the critical 9,800 satoshi support. If the daily candle closes below 9,800, I think price will likely drop to at least 9,000, possibly as low as 8,000. 
![Screen Shot 2018-11-19 at 4.37.51 PM.png](https://cdn.steemitimages.com/DQmeCXaQnceWDcyRnxE1WURL4ZTso12zWLaA3HURKRCKcb5/Screen%20Shot%202018-11-19%20at%204.37.51%20PM.png)
### Looking at the weekly chart, we may find support at the bottom Bollinger band. If 9,000 satoshi is breached, I’d look for a reversal between 8,200 and 8,000. 
![Screen Shot 2018-11-19 at 4.38.23 PM.png](https://cdn.steemitimages.com/DQmNMgiauWrNR3ppNEdTQbLiQJHs65drqDQt3vmm4Fo8H42/Screen%20Shot%202018-11-19%20at%204.38.23%20PM.png)
### Clearly the above analysis is dependent on Bitcoin. 
### In today’s video analysis I discuss, key areas to watch, where price may be heading next, possible buy zones and so much more. I hope you find it helpful. 
## Video Analysis:
https://youtu.be/5ocWJS33J5s
#### *If you don’t see the above video, navigate to TIMM (https://mentormarket.io/profile/@workin2005) or Steemit in order to watch.*

**I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!**
### *Workin*
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by [Workin2005](https://mentormarket.io/profile/@workin2005?aff_id=Workin2005)</center> 
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