Market Update on Steem 9/23/2018

in #steem6 years ago

The green arrow projection is still holding up and based on some comments people would prefer to see a slow and steady rise......however, that should not be the case (sorry). What we should see next this week is an impulse move similar in velocity to the one I am pointing out with the blue arrow on the chart, the difference will be size and pacing. The next push should take us past the 1.055 level all the way to 2.00 in two waves over a very shot span of time.

Market internals are impressive...lots of support at all the right places.

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