STEEM (STEEM/USD) Pump Steem Possible price target at $ 0.30

The price has risen to $ 23 cents, after the abrupt drop in the price of Bitcoin

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Urgent Steem Exceeds $ 0.30 New Target Price Possible To $ 0.50 Cents

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Let's see

If we analyze the chart, we can define an ABC correction that led the price to stay up to $ 0.08 correction at its minimum value.

Then we see on the chart that the price has recovered a few days ago to $ 0.11.

Today the price has become a pump, in a few hours the price has risen from $ 0.20 dollars.

If we analyze the graph with elliot waves we can define a cycle of 5 waves, where we can define 4 completed waves.

We can project a wave 5 at $ 0.30 cents that coincides with the 2.618 fibonacci projection.

What do you think?

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Protect your assets use Stop loss

The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.

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