STEEM IN OVERSOLD

in #steem7 years ago

Screen Shot 2018-03-18 at 8.36.10 am.png
And it hit the previous consolidation top resistance touch points at 1.76 zone. Plus rare window when steem/usd is in oversold zone. Don't jump in yet wait and see big bother bitcoin movement. It's been quite awhile since steem fall into the oversold zone. Now it's the 3rd times (red circle)

Short term moving average still downtrend.

SBD/STEEM : 1.034
Screen Shot 2018-03-18 at 9.01.49 am.png

Overall steemit posts payout reduction again due to falling steem price.

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Thanks for sharing. Hope the market bounce back.

still on downtrend thou, depend on whale movement

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