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RE: STEEM Update: Cup & Handle Invalidated?

in #bitcoin7 years ago

Nice call out. Looks like Steem is consolidating a bit between $1.0 and $1.6. Given the current cryptocurrency climate, I view this as pretty bullish overall. If we can break above the highs of the handle on strong volume then I think the bull trend is confirmed along with the cup and handle pattern you pointed out. Great stuff!

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I hope it will stay between $1.0 and $1.6 for a little while longer, i need some time to accumulate more

I agree. $2.60 is a lot higher than current prices. I'm leveling in on each pullback. Steem on :)

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