...and tell me if this is not a massive Bullish Divergence indicating that the bottom of STEEM is IN!
Bears are losing power, and that bulls are ready to control the market again!
A bullish divergence used to mark the end of a downtrend.
This is what we see at the 4-Hour Chart:
Also the same at the Daily chart:
Almost any of the top 100 Altcoins are showing the same set-up since a few weeks ago already and just a few days ago we are starting to see a general grow on them.
The big winner for the moment is being STELLAR (26%) and, as a loser between the top Altcoins is EOS which is losing -1.47% right now, don't ask me why...
Unfortunately, it looks that the majority of the altcoins are growing due to the transfer from BITCOIN to them, while BITCOIN is still struggling in order to resume is uptrend with a volume of BTC vs USD that have not changed so much lately...
So, good news or not, we have to be confidence on our little and great #NEWSTEEM and, perhaps, to hope that will not resume its programmatic massive sells in the near future.