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RE: STEEM Update: Zig Zag (5,3,5) & MACD Approaching Oversold
One thought on the BTS correction. The volume is a little iffy, but I have bought plenty of the dip since it began myself. Think I am done buying on the particular dip.. hopefully this triangle rings true. Not that confident. Bottom could very well be in though.
I've got another count!
Price is constantly bouncing off the 50% Fib Line of the gains since 0.13$, even at those hard dips at night.
I'll have a close look at MACD today and if it turns badly at one point ill sell to get another bunch of BTS later.
Enjoy your day
Oh and buddy do yourself a favor and use 4h Chart on corrections on a higher trend
This is how I see it now.