COMMENT
The price is showing some solid support and we seem to have broken the downtrend, will there be more sideways action or a pump straight away, it's very hard to tell, due to high inflation there might be allot more accumulation.
On the other hand if over the course of the next few days the price show's some good increase in volume with solid buy support, we might just be starting to see the next pump.
RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #9 "Are we there yet...?" Aug 8, 2016