POLONIEX:STEEMBTC   STEEM / Bitcoin
Today's chart for steem reveals that it is loosing weekly support and will mostly keep bouncing within the descending channel that it has been riding last few days. There is a strong indicator for the next possible move, there is a really high chance that #STEEM will meet its lowest level by February 19th and that will cause either a sell off or a bull ride but it just depends how the levels will be created, as previously mentioned weekly level was lost and unsuccessfully tested now we just have the daily levels and see what is the possible move. For now I will keep my stack out of #STEEM and might buy back when 5800 satoshis level is meet hoping for a fast recovery which was something was previously seen in 2017 as well.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.