raserrano

#STEEM just hitted bottom, now what?

Short
BITTREX:STEEMBTC   STEEM / Bitcoin
I have been closely looking at what #steem will probably do and this movement got a bit more intense with recent crypto news shaking the markets in previous days. Most of last week I have been away from charts and from crypto but this caught my attention and as I called in a previous analysis that steem was going to hit 8800 satoshis by April the 30th and today I must say I'm wrong. It has just created a new bottom which sits around the 6550 satoshis and it will need to test the past bottom which was around 6582 satoshis. In any direction this is the start of a new movement that to my eyes seems promising those who are willing to enjoy the ride to at least the 8800 satoshis monthly level which stills holds strong. On the other hand following another bear month #steem can fall to the next possible low around 2100 creating a pretty new situation in which (i really hope it will not happen) anything can happen and cannot really tell what to do next. It seems far easy to break towards the right in which a new recovery move will likely happen.

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