Crypto to Watch - STEEM (STEEM) - Convergence Continues

in #steem7 years ago

PSX_20200107_050342.jpg

STEEM continues to trade between the 50 day and the upward trend line.

The volume is still low and the RSI and the MACD are slightly Bearish.

The next 24 hour period is going to tell the story of which direction the break is going to take.

Right now the altcoins are diverging from Bitcoin.

Thus, I am putting the odds at 60-40 that the near term move will be bearish.

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STEEM 0.04
TRX 0.33
JST 0.096
BTC 62831.88
ETH 1752.54
USDT 1.00
SBD 0.39