Let's play a game. Count the ascending triangles. Do you see them? There are 3. The first two are history. We obviously broke out. We are working on the the third and final. If we break above and close higher than this last triangle, we'll go to $4800.
The second ramification of this potential breakout would be the formation of a new BULL channel. I've outlined it in BLUE. This is obviously a steeper and much faster paced upward slope.
Confirmation of this final target before consolidation is a close above the third ascending triangle. Watch closely. I will put nothing past these BULLS.
...But then consolidation. Caution is advised. It's coming.
Happy trading all!
4800 is really possible, whats your opinion about steem?
Haven't done any charting on Steem yet. Maybe next?
I believe that we may sniff 5000 before another correction down to 3000 (in my opinion) comes through the market. Upvoted and followed
In full agreement. Thanks for the follow.