STEEM update 10.07.2019

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7y

My bearish bias turned out to be correct, even though the count was not 100% correct.

I think now I have it figured out, let's hope that this is correct. Because if it is not, we will likely see another 6 months of STEEM bear market.

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If the support @ 28cents breaks, we will likely see 24 cents again. At this level, things get really interesting because below 24 cents there is a serious risk of dropping to 10 cents...

You can have a look at my last update again here:

STEEM emergency update 20.06.2019

If STEEM drops, it will be blamed on HF 21, which is not what we want at all. We want HF 21 to catch the lowest point and shoot us up above 2$...

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If you think this to be useful information:
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Feel free to use and share my charts, but please mention me, ew-and-patterns@ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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