Quick STEEM update 14.10.17

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The expected wave up (black 4 from yesterday) is completed. How do I know it? Watch this last 1 hour candle:

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And down we go... I expect the resistance to be @ 14000 satoshi. This could become the final panic low needed to end this downtrend.

Actually I hope for a quick dip under the resistance, which will be bought on massive volume and a big green 1hour candle.

I have my full buy limit at 14015 satoshi...

Stay tuned. This will be interesting...

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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.
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.

Tell me what you think...

Have a nice day :-)

Quick STEEM update 14.10.17 | Ecency