Market Update on Steem/USD 2/23/2018

dankh(57)
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On a 30m chart you see that price had a 'V' shaped recovery. This signals that this pullback is 'almost' over. What we want to see (technically) is for price to take out a prior high which is the 3.60 level and see whats happens after that which I assume would be the formation of a triangle.

On a 1m chart we have a mixed narrative. The current pivot is at around 3.28 so I expect price to bounce off there at least one more time.

Market Update on Steem/USD 2/23/2018 | Ecency