Crypto to Watch - STEEM - Breakdown!

in #steem5 years ago

PSX_20200225_052543.jpg

STEEM is breaking down as predicted on low volume.

Unfortunately the support at $0.20 did not hold.

The MACD and the RSI has turned sharply Bearish.

The next level of support is at the 50 day moving average which is around $0.18. It is key that this level support hold.

I put the odds at 60-40 that the move lower will continue.

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The push back against Justin Sun is...bearish.

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