Some Observations of the Steem price in simple charts!
Simple said. We missed every presented support and the downtrend is continuing.
If we look at a shorter timeframe we can easily see that we have reached a short time support line around 0.0023 BTC. This support should not be broken or it could go much lower. Please keep in mind that Steem is highly inflationary, so we can expect that most of the time the trend will be down. If we break the support we could reach 0.0018 - 0.0015 this could be a good point to start to accumulate more Steem if you want to invest.
Keep steeming!!!
