Steem is in clear Triangle Formation and within close reach of its bottom line.
It can go a little bit lower (to around 13.5k satoshi) before another pull up to ~25k satoshi.
After that I would look at Volume, RSI and 1 or 2 other indicators to make a decision if STEEM has enough strenght to break that formation upwards. If not, it will surely reach that green line again.
In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles.
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