The fundamentals are surely looking good for STEEM.
There are also several signals in Technicals pointing towards a major bullish move.
To the left, there is weekly MACD just about to cross for a bullish signal.
To the right, there are 5 green daily candles. A phenomena that has not been seen in STEEM since April and a price of approx 4 dollars. Moreover, the MACD seems to be ready to cross 0 - also a bullish sign.
That weekly MACD is looking rather nice for a move higher.
It sure is.