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joshokot

STEEM 7/16 Prediction

STEEM / Bitcoin (BITTREX:STEEMBTC)  
joshokot  
BITTREX:STEEMBTC   STEEM / Bitcoin
Trend Analysis Chart Patterns Technical Indicators Steem (Cryptocurrency) Bitcoin (Cryptocurrency) crytpo trading market Technical Analysis daytrade
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  • Due to the stagnant price action, the RSI is the biggest indicator
  • The oversold bounce lets me know the relative low has occurred or is soon to occur, preceding the reversal of a trend
  • The crossing of the MACD indicates an upward trend, waiting on the crossing over to the positive MACD
  • Looking for the crossing of the resistance line as another resistance
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