Crypto to Watch - Steem (STEEM) - Two Inside Bars Form
STEEM has formed two inside bars in the last two days signalling a break out soon from this consolidation pattern.
The volume has been declining significantly thus confirming the pattern.
The MACD is signalling that the break will be down as it is about to cross bearish.
The upward channel is still intact but this is way too steep as I wrote about previously.
STEEM is mirroring Bitcoin as both are just under the points of resistance.
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