Consolidation on hourly chart as the volume decline after the sharp dip breakout. Projected price target for breakout around 1.00 or even maybe 0.82 zone. Set in the order first incase it come down too fast too furious and bounce off // remind me of the possible fat finger trade on binance =) Will it make new lows below 1.22 zone in the coming hours to continue the slide. Or steem bulls to come in and push the price back up and stay above the consolidation zone of 1.32 zone.
Entering breather zone consolidation before next move as volume tamper down.
Short term moving average (day candle) : downtrend
RSI : -
SBD/STEEM : 0.857
Weekly Timeframe :
24hr change : 1.57%
Marketcap : 345m
Volume : 884btc
Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.
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