STEEM CONSOLIDATION WAITING FOR POSSIBLE 3RD WAVE+VOL

in #steem7 years ago

After hitting the resistance around the purple top channel plus major resistance level around 3.27, the candles pullback but still supported by MA lines. Yesterday candle closed off doji. Possible continuation of consolidation along the purple line resistance until next breakout for 3rd wave or short reversal again to follow bitcoin movement.

Screen Shot 2018-04-23 at 9.23.25 am.png

Short term moving average : uptrend support candles
RSI : -
SBD/STEEM : 1.052
Weekly Timeframe : weekly candle close off bullish. MA downtrend closing in.
Screen Shot 2018-04-23 at 9.23.47 am.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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