tomahawkin

Steem broke weekly downtrend

Long
First idea. Hope you like it. :)

STEEM is a coin that I've followed since 2017. Most have left it for dead, but assets that are hated, oversold on long time frames, and in a weekly uptrend are always buy candidates for me.

Fundamental value in the crypto space is always questionable, and I can't tell you whether the STEEM project is going to meet their lofty goals. But the coin generated significant interest in the past, and I think it might see a pump or three in this new alt season that is upon us.

Not financial advice. Trade at your own risk. Full disclosure, I am long STEEM on the green line breakout with orange line defining stop loss. I trade mostly on weekly timeframes, and plan to publish updates as the trade progresses.

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