In my opinion Steem is in big consolidation of X wave in bigger degree and abc flat pattern in smaller degree. I do believe, that (b) wave still not completed due to current formation of another small flat correction. After breaking low (purple line) we should see some upside in (c) wave.
Hope I'm wrong and (a) wave is 1st impulsive, (b) wave is 2nd corrective wave and my predicted (c) wave will the 3rd impulsive which may retest historic top. But let's see:)
This is not a financial advise or trade call, it's only my personal opinion.
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