STEEM Breaking Market Correlation

in #steem6 years ago

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Yesterday was an awesome day for STEEM. We broke market correlation and rallied 13%. Follow through continued and we pushed a few more percent higher.

Volume-wise, yesterday and today so far have been the largest bull volume bars that we've seen since April.

We're now over bought on the 4-hr chart, so there's reason to think that with the other market conditions and the correlation that we will see some pullback.

4-hr bull volume has peaked as well, so that's another reason to think the upside trend has completed for the short term.

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Thanks for posting today

thanks so much!