Crypto to Watch - Steem (STEEM) - Major Breakdown

in #steem • 5 years ago

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This is not something that I expected as STEEM has suffered a major breakdown as it plummeted past $0.40 to the next level of support at $0.36.

The volume has been significant and the MACD is at extremely oversold levels.

The Golden Cross has been a fake out and it is scary as the 50 day moving average has turned down.

I am way down on my trade as I did not set stops on this trade.

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#steemit #cryptocurrency #money #news
5 years ago in #steem by
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     5 years ago 

    Sorry to hear your down on the steem coin, today was rough. What would you of down different, if you could turn back time?

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       5 years ago 

      I forgot to set a stop. I was too focused on the Golden Cross.

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        [-]
         5 years ago 

        Buying opportunity.

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