michiel - since Steem is not moving up as quickly as I'd like I thought I'd add this note I put on my blog today:

Steem following patterns thus far just shot up to .0044 right on time! Now that steemit has started a move higher a fall below .40 would likely be an exit point for me but I’ll see what the patterns and indicators look like if that happens.

Check the 2 hour chart -- would be nice to see steem stay green on this candle or we might be heading down lower than current lows. Thanks for reading.