Steem Is Starting A Long-Term Upward Trend

in #cryptocurrency8 years ago

Steem Is Starting A Long-Term Upward Trend. Yes maybe it was an assertive sentence. Why did i say so? I explain to you the reasons

  • when we look at the big picture from the beginning we see a structure that looks like a cup-handle

  • It is generally seen that after cup-handle formation, prices have entered a long-term upward trend

steem1.png

  • The MACD indicator on the daily chart has reached its historical minimum value

  • This image of the MACD indicator indicates that a major correction is end and a new wave of ascension could begin.

steem2.png

  • According to Elliott Wave Theory, A Elliott correctin which name is A-B-C correction may be to finished.

  • So A EWP Pattern is end and a new EWP patter will begin.

  • With the new pattern starting, STEEM price can see ATH.

steem3.png

Finally, I am the one who believes in Steem's future and I think it will be the pioneer of new social media in the future. Stay with Steem

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I love Steemit, so much better than other social networks. Hope to see it keep growing and reaching new heights!

I agree with your wishes

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