The crypto market is crashing now and STEEM is not immune as it plummeted below the support of the 50 day moving average and $0.187.
The volume is light and the RSI and MACD have turned sharply Bearish.
STEEM should move down to the support of the 200 day and start to form a Head and Shoulders pattern.
I put the odds at 70-30 that the bearish trend will continue.
We have a black swan in progress and what could turn into a gigantic rush to cash.
Please noooo.
It may be a good time to buy more STEEMs
What exchange do you use?
BITTREX
Thx