Technical Analysis: STEEM Jan 29th

Looking at the price of STEEM the last couple days to a week we have seen it trade within a very technical levels within a flat pattern. Looking at the trend and how many times it touches each support and resistance shows how technical these cryptocurrencies are trading. Flat trends usually indicate times big players start to buy and enter the markets which more often than not precede large moves upward. Even though we saw the price break the lower support, look for a bullish trend coming in the next couple days to a week as the price should skyrocket.