TECHNICAL ANALYSIS: STEEM has made a huge Double Bottom [bull cycle already started]
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Today's post is about Steem
Steem/BTC in the bigger picture. 1 hr chart
Patterns can change... But looks like a textbook double bottom
Price is above key resistance as spotted in the last post I made from steem.
Now will act as support.
Let's zoom into STEEM/BTC looking for short term insights
Bear trend has been broken. There is a current bull trend going on.
There is a major reflex point in this chart. Check it out. This is a major SUPPLY signal and will likely be tested again.
For informational purposes only
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