The STEEM/BTC pair looks extemely bullish right now. This corrective ABC pattern should be finished in the coming days. I expect another pump right afterwards.
The STEEM/USD pair is looking bullish too, but not as much.
And here we have a big picture analysis of the STEEM/BTC weekly chart.
At the current price of BTC, yellow wave 3 would be at 42$.
For me this means I will accumulate as much STEEM as possible and will not even think about cashing out in 2018... Maybe taking some profits into wave 5, but that is it.
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. 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 (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
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