The STEEM/BTC pair looks extemely bullish right now. This corrective ABC pattern should be finished in the coming days. I expect another pump right afterwards.

The STEEM/USD pair is looking bullish too, but not as much.

And here we have a big picture analysis of the STEEM/BTC weekly chart.

At the current price of BTC, yellow wave 3 would be at 42$.

For me this means I will accumulate as much STEEM as possible and will not even think about cashing out in 2018... Maybe taking some profits into wave 5, but that is it.

If you think this to be useful information:


Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
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