Steem Broke It's Downtrend, What's Next?

in #steem6 years ago

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Yesterday Steem on Binance broke it's downward trend at around 440 sats.

I popped my buy in at 436 and sold most of my order at 478.

If you're trading Steem, keep an eye on it in the coming hours. In my opinion a bigger move will break out. Right now I feel like there is more upside so I'm ready for the next fib level just below 520 sats.

If worst comes to worst, we will see a drop back down to 460 sats or below.

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Aye, there's also a bullish divergence on the weekly and we are just about double touching all time lows via bittrex btc chart.

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Ooh very good to know! I should have mentioned that