STEEM RANGE BOUND AGAIN ?

in #steem8 years ago (edited)

Screen Shot 2018-03-22 at 7.48.02 am.png
Hit the resistance level around 2.26, break above then got push back again. Steem chart candles constantly have long shadows. Is it going to range bound between this 2 levels 2.26 and 1.76 zones ? Seem like gonna test the support on the channel top line. Well still depend on how the big brother bitcoin move.

Short term moving average : downtrend with moving average looking to close in.
RSI : -
SBD/STEEM : 1.025
Screen Shot 2018-03-22 at 8.04.01 am.png

Overall steemit posts payout drop again, hmm but steem price just went up the past few days. I wonder how the backend calculation work ? or there's delay.

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