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We are bearish on STEEM. What about you? for BITTREX:STEEMBTC by LunarExpress
Hello traders,
We are back with another elliot wave count. This time we are looking at STEEM/BTC. Steem outperformed BTC as it nearly doubled since February. A move like that always catches our attention! Although we are getting cautious now.
We are witnessing heavy resistance arround 0.00013581 BTC. And we think that this isn't coincidence. By our count, we are late in wave C and we even see bearish divergence (BD). So that are some red flags to take into account. But there is hope! …
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