The interesting point is that the uptrend trendline is holding, providing some support for STEEM/BTC. As long as price remains above the trendline STEEM is likely to continue range trading within the orage area.
Break above the range could be that long wated uptrend confirmation.... at least for short term.
In the mean time, risk of break below the uptrend trendline remains. Still a waiting time for steem
Break above the range could be that long wated uptrend confirmation.... at least for short term.
In the mean time, risk of break below the uptrend trendline remains. Still a waiting time for steem
Trade closed: target reached
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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.