Here's a quick trend based fib assessment for our current STEEM wave count on 1-10-2018. STEEM could continue the climb into wave 5 if BTC remains bullish.
Wave 4 could retrace more and allow for more vertical movement into wave 5. If wave 4 stops here, we could see a shortened wave 5 somewhere in the .618 fib range (.0007 BTC) as shown on the chart.
Wave 4 could retrace more and allow for more vertical movement into wave 5. If wave 4 stops here, we could see a shortened wave 5 somewhere in the .618 fib range (.0007 BTC) as shown on the chart.
Note
Note:This is an idea of a future market movement. The current markets are highly volatile and can change at any moment. It is not a suggestion to trade, and I am not a financial advisor.
Note
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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.