STEEM's going over $2 in the short term
STEEM is setting up for the next leg higher
STEEM is due for a little pullback here after getting back to the recent highs, but from there we going higher.
Based on the chart I posted yesterday about the MACD cross as well as the other technically favorable patterns, I think STEEM is going to hit $2 within the next couple weeks.
Besides that MACD cross, we have an inverse head and shoulder pattern as well as a cup and handle pattern all setting up on the same daily chart.
Lots of things converging at once on the STEEM chart:
(Source: https://coinmarketcap.com/currencies/steem/)
Add all these up and it's hugely bullish for steem.
I'd be shocked if we didn't hit $2 in the next couple weeks.
The only thing that can wreck the STEEM chart at this point is a black-swan headline.
Here's to hoping for no black-swans and STEEM takes out $2 in the near term before eventually heading to $10!
interesting post, nice to meet you, I hope we share with each other :)
I´m with you. I´m watching STEEM on Poloniex very close.
I only watch the cryptos in satoshis, not Dollars. For me that makes it clearer, as I want to stack more and more BTC in my Wallet.
I we exceed 2200sat the way is open to 2500 and then to 3000.
But I think we will see some consolidation on high level. And that´s good for a healthy price development.
10$ would be awesome. :-)
Cheers and have a great weekend,
Hasenmann
PS: following you now
I am frankly surprised at how underpriced Steem still is. Everything Bitcoin is so terrible at, Steem has already solved.