Follow through day

Hello Steemians! There is some follow through at the cryptocurrency charts. Let us have a look at the BTC daily chart:

Prices held the gains after the big day today. BTC is trading around 6600 at the time of this writing. We continue to have a oversold bounce from the 5900 area. Already the rally is worth 700 points and looking good. There is a lot of room to run to the upside. 7000 seems to be achievable with this rally.

Steem:

Steem continue to trade to the upside. The oversold bounce started from 0.77 and prices are currently above the psychologically important 1.00 level. 50 EMA is the obvious target which is around 1.30.

Disclaimer: This is NOT professional advice, this is all just my own opinion and experience. I am NOT a Certified Financial Adviser. Consult professionals for any financial, accounting or legal related questions you have.

Charts are created in Tradingview.com, which is a free service.