Steem Price Technical Analysis for May 27th

Today's prediction: overcast with some nasty stuff blocking the sun, later in the day the m00n wil be blocked as well.

^{Olympus Stylus 1s, 28mm, ISO100, f8, 1/320s}

Head and Shoulders is still trying to prevent snow from falling, but repeated Wedgies have given the market a pain in the groin. The extremely-long-time Moving Average still shows an uptrend, as was expected from data starting at zero.

I'm quite sure this weekend dip will not continue into next week, as from monday, it will no longer be weekend.

So, no need to panic for now, unless you really don't like what is going on. In that case, sure, go ahead, panic!

Those of us who really know what Technical Analysis is worth have sold everything for Euros or Dollars in time, and are now buying back. To those who haven't done so: please never post your Technical Analysis again.