STEEM about to make the next leg up

in #steem4 years ago

STEEM's got plenty of room to run

It seems like STEEM is at a resistance area, but it's really not.

Sure the previous highs were right around these levels, but the technicals have completely reset.

Here's what I mean:

image.png

(Source: https://coinmarketcap.com/currencies/steem/)

The MACD is showing a bullish crossover from an oversold condition on the daily chart.

This is often a big trend reversal that leads to weeks of gains.

The last time we saw a similar setup the price went up almost 3x.

A similar move takes us over $3 from here.

It's coming...

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I hope so that we will go higher and higher, steem and sbd price