STEEM
0.82 steem tested and bounce alittle. The downtrend still ongoing with btc dipping to almost test previous low. Can this 0.82 strong support hold ? It did hold from Jul 2017 to end Nov 2017 or will it dip lower to the projected tgt of the triangle and test 0.60 zone. There were some big buy going on the past week but today seem like there's one 3x transfer, if it's a sell volume, i think the unload is not done yet.
No signs of big buy volume coming in to support the 0.82 zone price. Let see for the next 3 days what's the strong hands sentiments.
Short term moving average (day candle) : downtrend
RSI : oversold
SBD/STEEM : 1.123
Weekly Timeframe :
24hr change : -14.64%
Marketcap : 226 mil
Volume : 1330 btc (volume almost 3x the daily average)
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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