STEEMBTC 4HR ANALYSIS (POLONIEX)
Steem has broken out of the previous corrective structure to the downside as expected and is currently forming a new corrective structure which can be expected to go sideways before breaking down towards the previous lows around 0.00068242.
As stated in the earlier analysis any recovery is highly unlikely at this point and we should see the previous lows tested in the coming sessions.
Key Levels:
Support: 0.00068242
Resistance: 0.00081919
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