Steem (STEEM)- Trading Update - Morning Analysis - 06/27/18 -No Recovery Yet!

in steem •  7 years ago 

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The 4 hour chart is not looking good as Steem cannot find a way to move higher. The MACD is showing a move but the RSI and the price are showing that the move up is weak.

The one day chart shows that the RSI and the MACD are at the BOTTOM. The big problem is the stair step pattern to the downside.

We are fully invested and are HODLing here.

4 hour

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1 day

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(We are not professional traders this is just our opinion. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.)

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