Steem About to Skyrocket?

By Oligon | structure_trading | 24 Jul 2019


Steem is currently sitting right at a major support level at $0.2089 and about to hit the AB=CD pattern completion level at $0.1950. It is very important to notice that price has not gone below this area since April 16th 2017, so this has become a major confluence zone between the pattern, the support level, the psychological level ($0.20) and the fact that it has been a very long time since price was this low, so this is a clear buy opportunity with great odds.

 

Let me know what you think in the comments and thank you for reading!

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structure_trading
structure_trading

A blog about trading analysis, in which I explain my thought process and trading ideas to share with the community.

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