The trading on STEEM is getting very interesting. I believe we are days away from a turning point.
STEEM moved down and expected as the volume dropped off significantly.
The interesting thing is that STEEM is still holding on to the upward trend line which is a few days away from intersecting with the 50 day moving average.
The MACD and RSI are still Bearish.
If STEEM holds the $0.12 level for this 24 hour candle I put the odds at 70-30 that the next move will be up and visa versa.