STEEMLong
STEEM/USD 40%+ gain likely if bullish channel remains intact
STEEM/USD shows strong bottom support in descending triangle. Briefly tested upper resistance on 4 hour chart today before entrancement but still trying to break out. Watch closely as a strong push past $1.25 - $1.30 will likely set up for a 40% gain before the next key resistance around $1.80.
Decent chance we see $2 STEEM in the coming week.
If it breaks positive hang on tight with tight stop/losses along the way.
If it turn bearish off upper triangle resistance and breaks bullish (green) channel, target $0.80 entry.
Decent chance we see $2 STEEM in the coming week.
If it breaks positive hang on tight with tight stop/losses along the way.
If it turn bearish off upper triangle resistance and breaks bullish (green) channel, target $0.80 entry.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.