Steem Price Breakout Getting Closer

in #steemprice6 years ago (edited)

Steem is currently in an ascending triangle pattern, and all indicators appear to suggest a breakout is coming, with a price target of ~$2.35.

The Squeeze Momentum Indicator is showing that Steem is in a squeeze and preparing to make it's next move. I believe we should see a breakout within the next few weeks or so. The price could dip once more for a last minute buying opportunity, but I really don't know how the next few days will play out and I cannot give advice. There are no guarantees for any outcome until it happens.

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As always, this is not financial advice. I am just one guy sharing my opinion (for what it's worth). Trade and/or invest at your own risk, and always assume that the worst outcome is the most likely outcome for the majority of investors.


Thanks for reading. Shares and comments are always welcome.

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