Hi all,
Probably something that the keen Technical Analysts among us have already spotted but for those just beginning their TA journey these kind of patterns are important. Essentially STEEM/BTC price is 'waiting' for guidance/market consensus as to which way to move next. Its currently following the red support line horizontally, however this triangle is likely to force it to change direction soon. If it breaks out the top of this triangle its likely we will see further upwards movement, possibly back up to the 100k Satoshi's resistance line . Vice versa for a downwards break out, we will likely see a move down to the 70-71k Satoshi line.
