Hi steemians, the steem dollar is trading at 3.41 and is reversed from the resistance that is 4.39, it should reverse fron this level or else we might see it touching 2.38,
As you all know that bitcoin is down that's why the whole cryptocurrency market is facing a correction.
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Similar analysis again, looks like we could possibly hold here @ $3.40. A lot of wicks starting to form. Stochastic RSI showing momentum has bottomed out. Price could possibly reach it's equilibrium @ $3.00, optimal entry @ $2.75 Smaller timeframe showing bears are in control, expecting drop towards $3.00
Keep up the good work :)
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Good work @kidmartin-95
:) Well we are on the same page
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