STEEM - 30 Oct 2018
Mentioned abt the spike yesterday and it happened quickly just lower power compare to the previous 300-400 pts spikes.
possible first spike of staircase pattern might continue upside but usually with steem/btc they spike pump so fast it's hard to catch unless you already have position in it and set order for sell target as it come down quickly too then slow bleed.
Possible test on low 0.00012 to 0.00012 follow by another bounce following btc.
On daily steem/usd chart, making new lows sliding out of the triangle, let see if it can close back up within the triangle bottom end day. Likely for bounce maybe after test previous low of 0.75 zone.
stockpile for short : low stock
Short term moving average (day candle) : downtrend
RSI : -
SBD/STEEM : -
Weekly Timeframe : -
24hr change : -1.04%
Marketcap : 218 mil
Volume : 428 btc (volume surge)
Current supply : 279,475,149
Total supply : 298,965,203
Debt Ratio : 6.519%
Daily supply : -
Total account : -
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It will keep dropping for quite some time.