Could $Steem be entering the last phase before a massive breakout?

As you can see, last year starting in April and ending in November, $Steem was forming a rather large bull pennant, simply waiting to break upwards resistance. Once it did it pumped past $8 no problem. Could we be seeing similar price action in the near future? I think it's possible.

Previous resistance is now acting as a strong support system, not really wanting to go below $.80, give or take. Could this possibly be the last time we'll see Steemit under $1.00? It's plausible in my humble opinion. Check the even larger bull pennant we might be forming- it looks similar to last year, only a much larger time frame. My prediction is that very soon, within the next month or two, we'll enter a new period of growth.

What happens if we do? Well I think it's all within the realm of possibilities, that $Steem finishes the year somewhere around $3-4USD. Could it happen? Maybe. Nobody has a crystal ball but if the past ever indicates the future, then it's likely to happen, and sooner than you or I might imagine. Anyway happy trading or happy holding depending on your style!! May you be successful in the future and may cryptocurrency continue on its long-term path upwards!!