After yesterday's drop, today the markets seem to have stabilized. There are several reasons mentioned; the massive selloff bitcoin from Mt Gox trustee or just a previous reaction to next week expected bull run during Consensus Conference. We will still have to wait until midweek.
Bitcoin has formed a new triangle and is trading on the $8400 support waiting for a breakout in either direction as volumes are decreasing.
EOS is drawing a very similar pattern, but in this case, the asset is expected to become very bullish sometime during next weeks. Some traders already point towards a $50 short-term target.
Finally Steem has bounced up from the 32K Satoshis support line and seems to have clearly reversed its trend. Now is targeting the 100 Moving Average resistance on the 1hr chart. If it is able to penetrate that resistance, next one will be the 200MA around 36K Satoshis.
