Also BTC is about to close above the 200 SMA. Which will trigger a lot of buy orders across the board.
Steem has a very serious support at 2.50 level and BTS is also at a very good level. Definitely entry points are good at the moment.
I would like to remind the traders/investors to NOT buy their crypto all at once. If you buy something buy 1/3 or 1/2 here and then add once your position shows profit. Or in general if you like Steem from 2.50, buy it from here and then make a plan where to add to your position. Nobody ever can know for sure where the market is going, so better be safe than sorry !
Good luck to everybody, let's hope this bear market ends soon.
Yes, price recovered and we got that close above the 200 DMA, leaving a pin down through it.
Great advice about scaling in and never buying everything all at once. As you say, nobody can ever know for sure.