Steem Price Prediction August 28th. Steem is currently in a steep 1 day downtrend with huge selling taking the price down to the 0.0014 vs Bitcoin and looking for a support level. At this point as a trader you are looking for 1 day up tick to signal a reversal in the downtrend until this happens Steem will continue to move lower. A move to 0.0022 vs Bitcoin should occur short term if bulls start buying at current levels. Taking a look at the chart below we see Stochastic RSI is flat at 0 and should reverse when a1 day uptick occurs testing the higher range. The CCI is at -166 and should recover to the lower range once buying resumes.
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