STEEM - Nice Up Trend - Consolidation in progress

Hello all,

The STEEM did a very nice breakout the last hours :

As you can see, we broke the resistance line that I traced to you several days ago and that break has been done with a very nice volume which is a good sign regarding the future of that UP.

Let's have now a look on the hourly chart :

We are currently consolidating and we should touch soon the MMA13 (Green Line). We can see that we are forming a short term triangle and a new Break Out should take place soon. It is always difficult to predict the direction of the Break Out but on this kind of chart, we have more probabilities to have a UP continuation.

I wish you massive profits and a happy New Year,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.