Steemit : basic technical analysis

pavan77 (-2)(1)in #technical • 7 years ago (edited)

A very basic analysis of the Steemit technical chart. Its been under good consolidation. Resistance at 1.51. Got support at 0.77 twice and trading sideways. A break over 1.51 and sustaining above it would be good start point for the uptrend. Volumes being low during downtrend indicates selling pressure has come down.

![steemit.PNG](

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#cryptocurrency #technicalanalysis #steemit #consolidation

7 years ago in #technical by pavan77 (-2)(1)

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