STEEM Price Analysis: 27 September
(https://engamb.sfo2.digitaloceanspaces.com/wp-content/uploads/2020/09/27140605/PA-4-STEEMUSD.png)
STEEM formed a bearish pattern on the charts and was poised to drop to a level of support.
STEEM was trading at $0.164, at press time. It had formed a descending triangle pattern in the first week of September and broke lower to test the support around the $0.15-region.
More recently, it formed a rising wedge on the charts, another bearish pattern. The price can be expected to reach the base of the pattern, which would again be the support level at $0.151.
Learn more about the analysis here. (https://eng.ambcrypto.com/stellar-lumens-steem-dash-price-analysis-27-september/)