Not only did the price of STEEM reach 1.46$ again, we also have a bullish cup and handle pattern forming in STEEM/BTC.

STEEM/USD is already super bullish, but now the BTC pair seems to follow

GREAT SIGNS for STEEM and also good looking charts. Is this what we have been waiting for?

In one of my last updates I explained, that I am waiting for a big pump in Altcoins, accompanied by a steady rise in BTC, which will at some point go vertical. I am convinced now. The media is already going crazy and the number of new wallets is increasing everyday by thousands.

When the future trading starts we will mainly see two things. More volatility (meaning bigger crashes and bigger surges) and a lot more trading volume in altcoins. STEEM has not seen the growth rates most altcoins did in the past months, which means it is a hot candidate to catch up on the delay.

Great times and big gains ahead. I wish you all best of luck with your choices. Stay tuned for more updates.

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DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions.
If you make any trades or investments 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.

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