[STEEM / BTC: 5-1-18] Is Downtrend in STEEM Just Getting Started?

Or is this a minor correction?

**Here is the daily chart of today (5-1-18)

• As you can see, break of the resistance line failed...
• A symmetrical triangle formed.
• MACD is still ok. Hopely it doesn't cross downward..

**Here is the another daily chart with the Fibonacci Retracement indicator

• 61.8% retracement & support are @ same spot and
  the price bounced from there.
• Volume needs to be increased..

** Another daily chart with the Fibonacci Extension indicator

• The price can be bounced from here and reaches 100% extension which is 0.00071783...hopely.

As long as the price doesn't break down thru
the support line (0.00039000 area), I believe STEEM can be bounced
from here and takes out the previous high of 0.00060713...
And eventually it might go up to the 100% of Fibonacci Extension.