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RE: Steem Price Technical Analysis - Steem Continues to Fall, How Low will it Go?

in #steem • 8 years ago

Sidelines are looking good - but there may be a glimmer of light. There is divergence on MACD (and RSI). I am more keen using divergence on MACD as a reversal signal. Waiting for the reversal on the daily would be my plan.

Note: MACD is still very bearish - well below zero.

8 years ago in #steem by
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     8 years ago  

    That's some serious divergence right there.

    Thanks for posting that chart. I was going to mention divergence but I was in a hurry to leave my house. Thanks for pointing that out.

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