SUMMARY
Hm, lots of Steem update requests..almost daily. The chart below shows a potential Cup & Handle formation which others have correctly pointed out. IF this pattern is correct, the handle can't go below the lowest price point for the Cup or else it'll be invalidated. The handle is labeled as an abcde price structure. However, depending on how Bitcoin takes its course of the he next few days, a lower low can't yet be ruled out.
Still, the breakout looks to have vaiability, especially if price takes the purple route of impulse waves upwards. The white abc could continue until mid April or so.
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