(Chart by TradingView)
The Ultimate Moving Average of Steem price continued to drop below $0.32 until about February 7. It then started to rise for a while, but went down again until now.
After that, the SuperTrend indicator is still in a short position and has not moved to give a buy signal so far.
Meanwhile, the Squeeze Momentum indicator, which was previously in a bearish position, changed its position to bullish for a while and eventually went back to bearish again with relatively little volatility.
Is the price trend for Steem still down? And is it really not time to buy yet?
Let's continue to monitor this Steem price fluctuation.