STEEM ready to make a run?

in #steem4 years ago

STEEM is above a handful of moving averages and looking setup for a move higher

What do you see when you look at this 2 day candlestick chart of STEEM?

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(Source: https://www.mexc.com/exchange/STEEM_USDT)

I see the price being above several moving averages for the first time in months and looking ready to challenge some higher resistance levels.

I see $.50 being breaching in the near term and possibly getting as high as the $.60's.

From there it could go even higher in the medium term.

Zooming out the weekly chart looks like it's trying to flip positive as well...

What do you see?

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