Speaking of support lines, I'm surprised how well TA works with crypto currencies. Better than with manipulated stocks.
How nicely high in 2017 acted as support that has been tested after huge break out. Break out was on huge volume - bullish. Pull back and retest of the break out was on lighter volume - bullish again. This is nice bullish flag pattern.
Only missing from perfect picture was, yesterday there was no high volume on a break out attempt, signalling, this is not real break out.
Of course general trend will prevail, if everything start going down, so will Steem. But if crypto stabilize here, Steem could take off, setup is here :-)
