Market Update on Steem 9/7/2018

in #steem6 years ago

Price action and pattern is showing a bear flag. I don't want to see a bear flag, don't want to call a bear flag, but that is what we got, at least for the moment. So I have to throw out the 'caution' flag for those who are thinking about jumping in.

Market internals look choppy with side-to-side bumping at this price level. We need to see more firmness and a consolidation occurring before committing to a play

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uh thanks my friend for the update. Other folks have been predicting a bear market for cryptos and steem

Hey Troy...looking at global liquidity issues. Cryptos are not immune.