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RE: ETH in BTC in Ascending triangle, about to break
"This is probably also something that is an indication of a potential new alt rally since most of the ALT market is actually ETH."
What do you think? Can this be good for the Steem too?
steem has also been quite steady while overall market went down, so i think that looks strong.
I have my doubts about the token fundamentally though
Per my charts steem in terms of btc is up 9.4% in the past 30 days with most of that being the last 7 days at 9.1%. A couple peaks and valleys in there with higher lows and higher highs in BTC. But this all comes off a very bad period and the past 90 days the price isn't nearly as good...but the new patterns are looking much better.