STEEM Pullback Still Holding Higher Low

After a long and painful pullback from STEEM, there's a slight glimmer of hope that a higher low can be held. I am not exactly optimistic about this (and actually hoping not).

I've always mentioned that I LOVE STEEM and that it's a long term hold for me. I think the use case is great and it will have a lot of potential upside and momentum. With that said, yes, I'm a little greedy in the fact I'd LOVE STEEM to get lower and lower in price so I can increase my holding size. Lower prices also mean better gains on the upside.

We WILL break out of this bear market, and when we do, the rewards will be amazing for STEEM. For now, we're still basically tied to the market.

The interesting thing for STEEM which shows how weak the market is, is the low bear volumes it's taken to basically neutralize all of the gains acquired by heavy bull volume. Since it was so easy to give back, it basically proves STEEM isn't ready yet for an upside.

If we can see increasing bull volume though, it could potentially signal a higher low has been set and an upside move is potentially possible.

Hope everyone's been having a great weekend!