Today i present you an interesting chart : STEEM ! STEEM show the famous cup & handle pattern. But the handle can be interpreting as a second cup too, so 2 possible TA interpretation with one direction : UP ! Ichimoku (very small detail on the chart) just turned bull in a shy way, on the 1D (!!). Everything that showing bull on the 1D must be interpreted as pro-trend indicators. These are the details you want to see because you want to enter before the pump to maximize your profits ! To add to the analyst you can see STEEM have already consolidated near 1$ so i dont expect drop under 0.90. I see consolidation (flat line extending true time with low volability) as the steam gathering process. Like a rocket that being fulled with fuel before is launch :)
I believe so much in my TA work that ive bought some this morning.
Short term target : 4$ Long term : 14$
WISH YOU ALL MASSIVE PROFIT !!!! Simon
Note : this work is inspired by Hae Jin but the TA is hand made by me.
Comment
⋅
fibo 0.786 have been touched, now we retracing as expected. You will have opportunity to enter at 1-1.10 i think before next impulse