STEEM/BTC - Downward Pressure Continues with another Bear Flag

We've aggressively pushed through the most recent support on STEEM/BTC. Average volume on the hourly chart has risen on the new push lower.

(Green Line was support)

Bear Flag Confirmed (on daily)

We continue to stair step lower on the daily chart as we have another bear flag pattern confirmed.

Based on the previous move - this leg down could very well take us to 10 and possibly lower.

To reitarate, we are basically seeing a classic down move with a pattern of repeating bear flags

I'm waiting for this next leg down to find some consolidation and then am looking to buy.

Regards,
Mitchell J
@scaredycatguide