STEEM - DID SOMEONE FAT FINGER YESTERDAY

in #steem7 years ago

Wow huge range yesterday, high of 3.78 and then close off doji, guess someone fat finger and entered the wrong order which was quickly filled. Is the triangle formation still valid as the candle breakout of the triangle and came back to close within, let's see. More likely to test the next major support at 1.76 as it follow bitcoin trend movement.

Screen Shot 2018-05-25 at 12.05.54 pm.png

Short term moving average : crossing again, more likely to continue downward
RSI : -
SBD/STEEM : 0.067
Weekly Timeframe : -

Screen Shot 2018-05-25 at 12.06.29 pm.png

Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.

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STEEM is the most stable coin nowadays in the market, I'm not expecting a big drop.
Steem on!

I thought that steem was a coin less subject to volatility in a big range, compared to other because of its daily use cases. This is a shocking week for me. Big ranges of up and down.