Will steem test the 7500 before the next whale pump ?
Steem is preparing the next whale pump (It happens about once a week) but first it needs to slowly retrace to the comfort zone.
Do you think if will retrace to 7600 / 7400 levels before moving up again ?
The trend seems to fall into the FIB %
Possible Strategies:
If you hold STEEM: Sell now * 8000 buy back @ 7700 wait for pump sell @ 10500
Look for the volume... Usual volume in binance is about 60 - 70 BTC when it goes above 100 the action began... It can reach up to 300 BTC historically
Do you think if will retrace to 7600 / 7400 levels before moving up again ?
The trend seems to fall into the FIB %
Possible Strategies:
If you hold STEEM: Sell now * 8000 buy back @ 7700 wait for pump sell @ 10500
Look for the volume... Usual volume in binance is about 60 - 70 BTC when it goes above 100 the action began... It can reach up to 300 BTC historically
Note
And the pump happened without touching the support and was abandoned before reaching the resistance... Damn it i was close.
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