Steem ! Where is it headed? ? What to Expect?

Summary:

Where do I see Steem headed?

Using a very simple trading strategy, that is highly accurate (Supply and Demand Trading) i did not find any demand zones or support in the daily chart, so i had to go higher to a higher time frame.

The weekly chart below show that Steem is a free ride down to 1.22, that's where it will start to see some buyers and support. But it can go as low as .73 cents. See first chat below

Now that we know where we standing on the weekly chart we must also look at monthly chart to see where it aligns because the higher time frame the most effective this trade will be.

Monthly chart is showing about the same as the weekly. This is great !!, Two high time frames have aligned, this means ALOT of buyers are sitting in this area just waiting for it to come down to papa, please look chart below.

Conclusion : Patience Pays , wait a little longer and you will get in at a great price.

Thanks for watching