Steem performed a little better against Bitcoin, it rose 1% BUT it also fell 9% against the USD. Here is the daily chart:
Comment: Steem did form a very negative candlestick so based on that we should continue to go down tomorrow (Thursday).
As of now I dont see any sign of a reversal but we are definately in oversold territory so it could happen soon.
Happy Steeming!
what does this mean? in simple terms lol