I wanted to point out that there is another another ABCDE Triangle formation that may still be valid for STEEM and the others i've covered such as EOS. These types are common in Crypto markets. But if BTC which is at 6.85% up if it really falls off a cliff -10.41% , then the alternate (IN YELLOW) is in play and we have a slow grind to new lows and probably a few months of sideways ups and downs until the markets begin to wake up again.
so up comming days we should pray for Btc price to remain stable if it does not happen steem market could crash to 1.87$
so if this happen it will take lot of time to recover back again as bearish market and lot of FUDs comming this year has distrubed the steem market and many steem holders sell of their buckets and wash up their hands to survive from this crash. Recent hacks of binance Api and Mt ,Gox bot selling play a major role in this market crash and it will take some time to grab the investors back to steem Market.
Well at least we can't go much lower, I hope
Thank you for this. Hoping we see some stability so we can keep our current price.
This post has received a 12.86 % upvote from @booster thanks to: @lays.
Then Bitcoin better becomes sturdy, cause Steem has got a lot of potential ad can't go down this way.
Well at least we can't go much lower, I hope