STEEMBTC Weekly trend with fibonacci retracements #Bittrex chart

Steem looks like its getting close to a bottom, watching for a reversal in the near future as we head near the 200sma on the daily chart. The longterm outlook on steem is bright since steemit is revolutionizing the way people share content. This could easily move back up to previous resistance near the .236 to .382 fibonacci retracement levels. Accumulation and dip buying for the longterm seems like the way to go.

My first steemit post :D https://steemit.com/introduceyourself/@aaronx/my-first-steemit-post-and-most-valuable-experience-during-2017-aaronx-introduction

https://coinmarketcap.com/currencies/steem/