Don't shoot the messenger, but STEEM has just completed a head-and-shoulders pattern on the chart, thanks to a pump (and dump) surrounding the Tron acquisision several days ago.
Maybe it doesn't signal a coming move down for prices of our cryptocurrency, but periods of higher highs and lows, followed by lower highs and lows, typically aren't a sign of strength. A break below 0.2 could be somewhat ugly. What plays out remains to be seen, of course.
Just something to be aware of. All the best to everyone in the new new era.
DRutter
Posted via Steemleo