Crypto to Watch - Steem (STEEM) - Touched $0.15

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STEEM touched the $0.15 level and dropped back to $0.14.

A Doji is forming and STEEM cannot hold closes above the 50 day moving average which is bearish.

The volume is slightly above average.

The MACD is bullish and the RSI is flattening out.

The 50 day moving average looks to be forcing STEEM into a Descending Triangle pattern.

I put the odds at 60-40 that the next move is lower.

Crypto to Watch - Steem (STEEM) - Touched $0.15 | Ecency