STEEM
As mentioned in previous post on possible slow bleed, looks like it's repeating again with small uptick follow by slow bleed. On binance btc/steem pair tested the 0.00015 resistance zone and pullback. Will there be some more spike before the start bleed into 0.00013 support or even breaking lower to 0.00011 zone. Possible big triangle cornering the price consolidation, upper bound resistance getting lower.
Short term moving average (day candle) : downtrend gap closing in
RSI : -
SBD/STEEM : 1.063
Weekly Timeframe :
24hr change : 3.41%
Marketcap : 262 mil
Volume : 433 btc
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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In general, Bitcoin must also go through its cycle in order to increase its sustainability
yeah follow and survive the cycle.
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seems there will be one leg up before a big retrace come
might be a false break up then decline with slow bleed again. ultimate still depends on the whale moves on btc and steem