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STEEM / Bitcoin
Long

Possible W bottom on the Daily

223
There is a possible W bottom forming on the STEEM daily chart. Price is retesting the previous breakout low, and looks like it will close without tagging the lower band. This could be an early sign of a trend reversal. Should be clear within a couple more days. Good luck and happy trading!
SpocksBrain
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BTC - 1PkZqsKq58Ha7Qj9qJwkDJSqTQSmn7rpir
LTC - LciSrN6xLBM64GbccP4gkPcn2wD5HV6zLW
Also on:
Chart PatternsCryptocurrencySteem (Cryptocurrency)STEEMBTCTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsCryptocurrencySteem (Cryptocurrency)STEEMBTCTrend Analysis
SpocksBrain
If you found my analysis useful or profited from my idea and would like to show gratitude, feel free to leave a tip at:
BTC - 1PkZqsKq58Ha7Qj9qJwkDJSqTQSmn7rpir
LTC - LciSrN6xLBM64GbccP4gkPcn2wD5HV6zLW
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.