After more than a week of amazing performance, STEEM has reached the level of the 200 DMA at the STEEM/BTC pair.
Typically, crossing that line would indicate a very good signal of reversal trend.
We have to be very attentive right now.
If STEEM manages to break that 200 DMA, it would be very likely that a higher price will be reached...
Taking into account as well all the positiveness I have now (LoL), I would consider as well the following CUP & HANDLE Pattern another good signal which corroborates the previous one :-)
...As a sort of "guideline"... if this pattern is confirmed, it would launch a projection of the STEEM price to the level of the 17000 Satoshis, which would represent another 52% more in the following days...
Hope to enjoy from the good moment... Will see.
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
Published by Toofasteddie
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