"STEEM DOLLAR"Technical Analysis "Price Forecast, Trends, and Predictions, support and resistance.

Hello Steemers!

"STEEM DOLLAR"Technical Analysis "Price Forecast, Trends, and Predictions, support and resistance.

The Volume is obviously strong enough to support any possibly price movement .
We see strong up-trend and heavy sell pressure builds on , the Support continues with the pair in a heavy swing .

The Steem dollar today and intraday swing remains on the sidechannel , possible up-trend will extend strong .but some decline is expected with some minor uptrend waves .

There was some push move higher but that move was rejected. . The sellers have the power to push price down .

The Technical Analysis

steem dollar is in the down-swing channel

The Steem dollar has traded at new high for the pair . the support channel has strong with high volume . If you look at the the fundamental picture of today with up-swing .

The Last price action and up-Swing Trend Patterns have probability of continuing up-ways and you are looking for BreakUps & breakDowns through the support and resistance movement zones .

the high volume has move the steem dollar price inside the up-channels and the up-trend is supported , if the price break of the channels , In this case, we have levels of support and a levels of resistance and the price moves through the channels

I expect the price to go in side-up direction , The support up-channel is strong and price movement have some selling pressure and high volume looking at BreakUps buy & breakdowns sell.

to be continued

STEEM DOLLAR Technical Analysis
The support and resistance zones Analysis methods used to make investment decisions .