Macro Trend Update on Steem 7/8/2018

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·@dankh·
0.000 HBD
Macro Trend Update on Steem 7/8/2018
![](https://cdn.steemitimages.com/DQmTQnNfw6AkU4gmcvW8w56mD3NnsgyBr38vGhS2gcUpGTU/image.png)

Price is back to current pivot but I wouldn't just yet take large holders of steem off suicide watch. Although the downward death trend is currently being avoided it's not quite in the rear-view mirror yet. The smell of sulfer is still in the charts. Zooming out to a 2hr chart you can see why.

![](https://cdn.steemitimages.com/DQmRcgk7ThimrKHtPWLaZh2Gvex5LR6JDeVY5YUnkTHF2yD/image.png)
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