STEEM update 31.10.17

in #steem4 years ago (edited)

The next move down in STEEM/BTC should start soon. A very weak ABC correction is done, but could evolve into an a,b,c,d,e before the expected drop arrives.

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Bitcoin is mooning right now, which supports this count and SHS pattern perfectly.

Not much has changed since yesterday, so the next update will be when black wave 4 arrives.

Stay tuned for my BTC count update which I will post in an approx. 1 hour.

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If you think this to be useful information:
DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif
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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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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.
If you make any trades after reading this post it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Tell me what you think...

Have a nice day :-)

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Does this also mean that Steemfest will have no effect on the price of Steem?

this is a valuable lesson for those trading

I expect more dump of altcoins as bitcoin goes to near 7k before the fork
Thanks for sharing

Calling @originalworks :)
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Thanks @ew-and-patterns.

I am following your analysis closely. I am looking to buy more and a nice BTC run with an extended pullback in STEEM works perfectly.

Give me that low 80s handle (USD).

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