Hello guys,
yesterday we have analyzed the spread STEEM-BITCOIN and defined that the spread was trying to bounce from the support @0.0032.
It was an excellent intraday strategy... Look at this chart (time frame 4h):
The price has hit the target @0.0038. This level was a strong resistance.
For a new bullish trend (intraday), it must necessary that price will break this resistance. The new target is @0.0044 and then @0.005.
Otherwise we'll be in sideways trend @0.0032/0.0038.
Indicators confirm a bullish trend:
We'll update tomorrow.
Have a good day
Best
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