Here is the analysis of Steem, get to know the best analysis from Maheswar.
Looking at the , we can see the formation of and Giant triangle. The price is moving very well in the and it suggests that price can break downside on the corner of the to the target of the support. Well, it would take its own course of time.
Note : Entire analysis would go invalid when the price breaks the wedge/triangle upside decisively.
The price could move to the 0.0062000 levels and fall towards the support: 0.00012600. We have good resistance at 0.0062000 because of the Triangle and resistance.
So I would not enter trade STEEM or stay away for sometime.
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STEEM was listed in binance is the news and price reacted for that but in line with our view.