STEEM NEW LOW 1.8 | MOVE IN SYMPATHY WITH BITCOIN

Yesterday 'false' breakout of channel top resistance, bull trap triggered as mentioned in previous post or was it the cause of move in sympathy by big brother bitcoin. Like i learned mths back, before making at move on altcoins, check bitcoin first always. Plus when it's uptrend or downtrend, altcoin % movement tends to be higher than bitcoin.

Short term moving average still downtrend. Candle looking to do a hammer pattern by the bulls buying the dip after the new lows, still early let see what the US market do later. Will it test the 1.76 zone or flat out abit maybe it bound off as the reversal pattern confirm next 1-2days.

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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