CryptocurrenciesStrategy

STEEM: Crossing 200 DMA?

After more than a week of amazing performance, STEEM has reached the level of the 200 DMA at the STEEM/BTC pair.

Typically, crossing that line would indicate a very good signal of reversal trend.

We have to be very attentive right now.

If STEEM manages to break that 200 DMA, it would be very likely that a higher price will be reached…

Taking into account as well all the positiveness I have now (LoL), I would consider as well the following CUP & HANDLE Pattern another good signal which corroborates the previous one ?

…As a sort of “guideline”… if this pattern is confirmed, it would launch a projection of the STEEM price to the level of the 17000 Satoshis, which would represent another 52% more in the following days…

Hope to enjoy from the good moment… Will see.

@toofasteddie


*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

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