BTCUSD was looking very heavy earlier today, but has now found it's footing, carving another higher low above 4000:
Pair is grinding steadily higher in a rising wedge and I'm looking for a breakout, acceleration over the coming sessions.
This is very good news for STEEM and EOS bulls, as it means recent strength is likely to continue on back of crypto-wide bullish sentiment. We had a stunning high volume reversal yesterday on STEEM on the SMT news:
Same story on EOSUSD, with price surging out of support in the mid 50s on record volume. This one's still trading in a triangle for the moment, but was trading at $1.30 when Bitcoin topped, so huge potential if sentiment has indeed recovered:
I've gotten rather aggressive on my long position now - long 1.5 tokens for every one I actually own. Stop out is 45c, but I'm looking to avoid that so will fade out if it goes to shit.
Enjoy your weekend folks, all your post rewards should be slowly ticking up as the average catches up with yesterday's rally XD
20% of the liquid rewards from this post will be split with for the communal benefit of TeamAustralia
Team Aus footer by the amazing