These are somehow more sell actions of steem this week. But they should not have any impact on the long term. See the price poping out of these little triangles and going down.
Now, here is an Elliot impulse pattern that can be followed. When 5th wave is completed, then we can say that the price will start to go up.
here is the MACD showing the sell actions.
Disclaimer:
This is only my point of view. I am not recommending you to buy or sell any coin or cryptocurrency on my mark. The post is for informational purpose only.
If you have any thought to share, feel free to comment.
