STEEM
Battle of the mini bull and bear within the triangle. Long term trend support (dotted blue) seem to be holding for the time being. Upper resistance now around 1.76 zone as the top and bottom consolidate within this possible symmetrical triangle or ascending triangle.
Short term moving average : downtrend
RSI : almost into oversold zone again
SBD/STEEM : 0.783
Weekly Timeframe : -
Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.
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What caused the Steem to go down so low?
the overall crypto market is heading down as bitcoin falls. let see if it can find the support around 6450 zone and bounce. Possibility of testing previous low around 5873 zone, if it does steem likely to go down together again