STEEM/BTC state for 14/10/2019: Ready to the final decline

in #crypto5 years ago

According to my previous prediction steem price has gone up a bit before the decline and present state is following:

We have a symmetrical triangle formed on a 4hr chart that usually means 4th correction wave in Elliot's theory. Stochastic RSI also confirms upcoming downward movement. So, the main scenario remains the same:

STEEM/BTC pair is going to retest falling wedge

0.000015 - is the target zone where I expect the reversal. I am in short position and have successfully sold my steem for btc and expect the end of the decline to load steem more because it has great potential. I guess the decline will end till Wednesday.

Let the PROFIT be with you :)

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