STEEM
Long

STEEM/USD Opportunity Pending Break-Out of Descending Triangle

By jastcav
Updated
6 month descending triangle expected to break up or down before year end. 1 month bullish channel forming which could create a buy opportunity upon breaking the upper bound of the triangle.

Buy around $1.10 - $1.30
Make Buy/Sell decision before $1.80
Make Buy/Sell decision before $2.90
Comment
Buy only after breaking $1.15 or $1.20 to reduce risk of returning toward the base of the triangle.
Trend Analysis

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