jastcav

STEEM/USD Opportunity Pending Break-Out of Descending Triangle

Long
jastcav Updated   
6 month descending triangle expected to break up or down before year end. 1 month bullish channel forming which could create a buy opportunity upon breaking the upper bound of the triangle.

Buy around $1.10 - $1.30
Make Buy/Sell decision before $1.80
Make Buy/Sell decision before $2.90
Comment:
Buy only after breaking $1.15 or $1.20 to reduce risk of returning toward the base of the triangle.
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.