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RE: The only trend I care about:

in #steem6 years ago

The break of the support line at 2.55$ is now confirmed. The next main resistance is at 2.00$ so we could drop quickly to this level. However, I suspect an imminent bounce on the BTC when we will touch the support line. This bounce could help us to stop the drop on the STEEM also and go back higher than 2.55$. Keep an eye on the BTC, if the drop continues, we will touch very quickly the 2$ levels

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Hit $2.08 on Bittrex. Bouncing back above $2.43 now, trying to reach back into the $2.50-$2.75 breakdown level.

Always amazes me to see the bargain basement prices STEEM is capable of trading at!