STEEM 7/16 Prediction

  • Due to the stagnant price action, the RSI is the biggest indicator
  • The oversold bounce lets me know the relative low has occurred or is soon to occur, preceding the reversal of a trend
  • The crossing of the MACD indicates an upward trend, waiting on the crossing over to the positive MACD
  • Looking for the crossing of the resistance line as another resistance


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