Steem Analysis. Steem Take off Jet Hard (#2)

Steem not just take off, it's taking off with jet propulsion going parabolic!

In last 18 hours Steem gains 50% upwards. This is fantastic news for traders but night mare for technical analysts. I will just try to predict some levels Steem might to reach. I will use coincidence technique and with overlapping of Fibonacci levels from different relevant advance areas, pinpoint out some possible targets in this insane rally.

First target is 123.6% extension $4.68 then 150% = $5.23 and then 178.6% = $5.96.

Market is at the moment so overheated RSI = 83.9, that some pullback is inevitable. So all who miss the entry take anti FOMO pill, sit on your fingers and don't touch keyboard or a mouse, to buy any Steem at the moment. Don't be sad, it will be plenty opportunities to profit in the future. 

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Prevoius analyses: #1. It's good to check previous posts to get wider picture of price movement.

Image sources: Investing.com, 

Data sources: Bitfinex exchange

Disclaimer: If you use my ideas and analyses in your investment ventures, you take all responsibility and consequences about your actions.

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Let steem on, to the bright future!