Before EOS There Was STEEM – Bearish Outlook As Price Approaches Lows of 2018

in #steem6 years ago (edited)

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Steem Daily Chart

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Steem 4hr Chart

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Steem 1hr Chart

Key Takeaways:
Trading has been flat and on low volume this weekend.
The price is meeting some resistance at the 50 & 100EMA on the 4-hour chart.
In the longer term, it looks like the price is set to return to all-time lows of 2018. But in the mid-term, volatile price fluctuations are to be expected as traders dispute the value of this project.

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Reference