As the candlestick move closer with downtrend line from march 2019. i expect that line would be a major pivot point where it could produce a volatility toward upside or downside. Estimated sometime around 27 July 2019 we will soon find out.
On 4 hour indicators mostly show a early sign of Bullish trend as if it's buyers accumulating around this region.
Keep in mind also Steem is a low cap coin ( +- 85 million USD ) which most indicator reading can be mislead or manipulated in price so easily. Expect a sudden move within STEEM/BTC price movement on both direction.
- ADP : we can see a rising in interest of buyer to buy this coin and currently on a accumulation zone.
- DMI : while ADX (momentum strength) is still low level, -DI (sell power) is decrease while +DI ( buy power) is rising. meaning a calm before a storm more likely to happen.
- MACD : interestingly buy histogram is show up consecutive after sell histogram even begun. MACD line is crossing toward bullish zone.