STEEM is continuing the uptrend with a massive candle as predicted in my last update. We have seen an ABC correction which first looked like a abcde triangle, but the internal wave count doesnt fit with abcde:

The question is now, is this an extended wave, or a normal impulse? We will find out, when the next correction arrives.

If it turns out to be a small correction, it will be the orange wave 4.

If it turns out to be a big correction, it will be blue wave 2.

For now it doesn't really matter much, because the direction is the same. Up up up we go to price levels STEEM has never seen before.

New alltime-highs dead ahead...

You still think SBD is done with this massive surge in STEEM? Well, it isn't. The next wave up will arrive soon. There is a possibility that the STEEM/SBD exchange rate will hit 1:1 first, but it won't be for long...

If you think this to be useful information:


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DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions.
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