The chart setup on STEEM looks very good...

If I were to look at the below chart and not know anything about what it was, there are a couple observations I would make...

Here's the chart btw:

(Source: https://coinmarketcap.com/currencies/steem/)

First, I'd notice how we made a higher low on that big dip a few months ago.

That higher low is important in predicting where we might go from here.

There is the possibility we could see a higher high as well simply by drawing some channel lines on the chart.

That means that STEEM should likely go over $1.50 during the peak of this current bull market surge.

Will it break the all time highs around $9?

That will be a much tougher get, but not impossible...

My prediction is we peak somewhere between $2-$3.

What's yours?