Steemit : basic technical analysis

in technical •  7 years ago  (edited)

A very basic analysis of the Steemit technical chart.  Its been under good consolidation.  Resistance at 1.51.  Got support at 0.77 twice and trading sideways. A break over 1.51 and sustaining above it would be good start point for the uptrend. Volumes being low during downtrend indicates selling pressure has come down.




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