Why Steem is down? Steem Technical Analysis..!! And about it's future...

in #mgsc6 years ago (edited)

Hi Guys,
We All know Almost all the ALT coin is in too dip and almost all of them are ready for a new cycle...
So, Steem is just an ALT coin and it is also depend on bitcoin like other ALT coins ..
In now days investor are to panic and sell their ALT coin in loss..
So guys Steem is very good coin and it's future is too bright..
I know a lot of Steem or Steemdollar investor is fomo now a days..
But believe me Guys it will go to the moon soon just wait for 4 month you will get a great return on your investment ..Because All the Correction Period is over now..

Let's go to the technical analysis.
Screenshot_40.png
This is the 1D charts .
And we clearly see that the RSI is oversold now and ready for a Pullback
MACD is also showing the Up signal and it is in the heavy demand zone...

So the Steem holders you will get some Gift soon......

Share your own opinion Guys in Comment Section box...
THANKS....