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RE: Market Snapshot - September 9th 2018
New down leg pushing the market to its lows.
Bitcoin was unable to cross the resistance line and dropped down an additional $300. It is now holding around $6200 with very low volume and the impression is the market if just waiting for a final third down leg.
EOS just followed bitcoin path and is getting closer and closer to the year low support for the third time. Volume very very low and stochastic reaching overbought in a clear sign of new down leg coming.
STEEM also followed bitcoin moving down the longterm low support for the first time. We may be finally reaching the bottom of the market in the days to come.
When BTC sneezes, others would.........