Let's Make Money - Crypto to Watch - Steem (STEEM) - Important Moment

in #steem • 4 years ago

PSX_20200703_030219.jpg

STEEM is at an important moment right now. The 50 day is about to cross VWAP. The 50 day has not traded above VWAP since the break out of March 2019 and this has been a lagging indicator in the past.

Historically this has marked the tail end of a run as the downward pressure on STEEM has been significant since the bull run of 2018.

If, however, this holds this could mark the bottom of a two year decline in which STEEM could start trading above VWAP much like Bitcoin.

#steemit #crypto #crytpcurrency #money
4 years ago in #steem by
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     4 years ago 

    All crypto market is doing well, especially coins like ADA and VET, Steem is also on a good position and is waiting for its turn

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