STEEM/BTC (5/8/18)

STEEM is currently resting on its monthly average and testing support at this level around 0.000377.

1.PNG

If support at this level holds we could see consolidation or a bounce back up to the previous level around 0.000420 and further up to 0.000500 if demand is strong enough.

However if support fails here, we could see a fall down to around the 0.000340 to 0.000327 area.

**This is my personal opinion
**Investing takes risk, please do your own research and only use what you can afford to lose.

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