STEEM - Very Bullish Outlook, i.e. Another Long Term Moon Count

in #trading7 years ago (edited)

So Steem is looking very bullish right now, and is set up for a major run higher. My advice would be to get in while we're down here, because in the next leg up, no one gets a good entry!

In Elliott Wave terms, we're set up with a 1-2, 1-2, meaning that next up will be the legendary third of third - the most powerful of all Elliott waves. There is still room to go lower (look at the demand zone below), but we broke out above the July 2016 high and are building a solid base at that level.

And if we go lower - what is a 50 % percent drop when you can have MOON upside. Only in crypto...

On another note, spotted this yesterday and it seems nice: Make use of your Steem Power with smartsteem. It's like Minnowbooster I suppose, but looks nicer and is easier to set up.

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Hope you're right! :) Definitively a lot of people will regret not going in now

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