"never short a dull market." Some believe that the market is storing energy during dull markets and that the market is preparing for a rally.
We finaly have the double bottom and now higher low. 50 MA crossed 200 MA to the upside which should be bullish. We also broke significant resistance and now we are coming back to this thick green line which is now support. If we bounce from this line/support you have drawn, this will be beautiful confirmation of trend change. Hopefully the trend is finaly changing. I’m sure you already went through these bear markets in the past. This is my first time in Steem and overall crypto and being invested at the same time, but I believe this time is no diferent. The best thing that can also happen to Steem is to untether its price from bitcoin. When it happens, Steem can go anywhere.
Double bottom, downward sloping inverse head and shoulder, or rounded bottom, it looks like something fairly important accompanied by increasing, but not exaggeratedly so, volume on the upside, good technicals, etc. Something worth mentioning anyway. Thanks for your contribution - nice summary!