As everyone might know that Bitcoin has struggled to recover its losses in the past month, we have been seeing it bounce back from the latest lows of 6k and has been a bit of a slow climb shall we say,

analyzing a lot of pairs and noticed $xlm positively correlated with Augur/$rep and $steem and could see some gains In the next several days or weeks to come

we are starting to see $ETH put in an equal measured move and price is starting to pick back up as well possibly putting a low test on the daily timeframe We might see some bulish action develop

As I have mentioned in my previous post that I wanted steem to pull back to the area 0.00046 / 0.0043 since then price has retraced back down to that level and it is currently holding strong support as

XLM/BTC TRADE SETUP

$STEEM is breaking out has had a 34% gain in last 24hr. volume is starting to build looking for a pullback to the 0.00046-0.00044 zone for a possible entry

#EOS starting to look like a breakout is developing on the 1H, trend is still intact I will be looking for a higher move with first targets set @ 0.00165000

BTCUSD is at the bottom of this wedge as well as support @ 10,500 holoding . we could see price make its way up to 13k before hitting some resistance ![Screen Shot 2018-01-24 at 3.40.16 AM.png] (