Bad news for STEEM fans today as STEEM cross bearish on the 50 day moving average for the sixth down day in a row. This has not happened since January where STEEM went down for nine days in a rows.
The MACD has crossed bearish and the RSI continues to turn down.
The volume is picking up slightly.
I am putting the odds at 60-40 that STEEM will move lower from here.
