Top-5 Fast Moving Altcoins for Bulls and Bears (steem is the first)

Despite STEEM remaining in the top spot, a few of the other small cap coins might present better trading opportunities. Without further ado, let’s take a look at the technicals:

STEEM

We can see on the 12-hour chart below that price has done a full retrace of the initial list price and subsequent dump, but is now hitting very heavy resistance in the 0.007 area. If the bears put in a double top around that level, which is also near term OTE and supply resistance, then it could get ugly for the bulls. Downside into the OTE long zone shown in green would be the objective on a break of the trendline and MA’s. The technicals are signaling that caution is warranted despite the possibility of another test of the recent highs.

read more: https://coinidol.com/top-5-fast-moving-altcoins/