It's clear to see in your higher-timeframe chart that the angle of descent is lessening over time. If investors are lucky, this is where we start to form the rounded bottom, before continued price appreciation.
RE: Has a new support level just been tested? STEEM/USD Price
You are viewing a single comment's thread from:
Has a new support level just been tested? STEEM/USD Price
yes it seems to appear the 'sellers' are pushing it down about 40% relative to a previous wave/ripple up..so it looks like it's flattening out but if it falls below the 0.1800 - 0.1650 it would still be a similar relative loss as before (ignoring the recent spike up - based on congecko's data it doesn't look like they are capturing the intraday spikes...looks more like the average for the 24 hour period that they use as the data point. I'm very curious to see if it goes below the 0.1800, or if we've seen the start of the appreciation.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit