Crypto to Watch - Steem (STEEM) - Unbreakable Resistance

in steem •  19 days ago 

PSX_20191030_045539.jpg

The resistance at the 50 day has been extremely strong.

The volume on STEEM has dropped off and the MACD and the RSI have turned bearish.

The tails of the candle are shortening out and are almost nonexistent.

I am putting the odds at 70-30 the the next move will be lower.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Do you think price will drop again?

Posted using Partiko iOS

today is the day

This is the 4th attempt at the 50 day. And it looks like the 4th fail.

Lower makes sense, a chance for the buyers to recoup and make another run at the 50day.

It will break at some point.

boy i am so glad i was wrong...
...so far