Caution! This is not trade recommendation. This is just my view!!!
This is a little premature to invest in Steem. But the situation has stabilized.
Steem is consolidated around 1.0 USD level. And I don't see any strong selling pressure. So this is the first reason to look for buy in this zone. But it's a bit early.
Daily chart
support 0.8
ressistance 1.05
Weekly chart
If i were more risky investor, i would have already bought this currency.
But I should wait for more obvious signals. These are consolidation above 1.05 and then consolidation about 1.8-2.0
There is no reason to be in a hurry, the market will necessarily give an opportunity to make money.