Daily Steem Price Update: Down 21% At The Moment
Steem is falling in a similar pattern as most altcoins. Right now it is down 21% at $4,30 but it was down much more during the day and touched $3,50. Here is the daily chart:
Comment: Steem has also made a double bottom which is potentially good but the bad news here is that we are still not near the bottom on the stochastics, we are at the moment around 30. Steem Dollar has already been down there, so we could see some more selling in Steem here.
One positive thing here though, is the fact that we touched the long term supporting trendline at basically $3,60 so that could be enough, but we will see, Tuesday is far from over.
In order to get bullish again, we need a daily close above $5,30.
Happy steeming!
time to step up the SP :D
lamentable noticia amigo:( gracias por el aporte!
I'm certain its preparing to push up higher. It is highly determined the price of bitcoin to. I think btc will soon pass the $18000 mark once it starts to rise. Many people are about to start buying.
Time to buy steem. I hope that the value will go up again :)