Steem (STEEMBTC) secured its uptrend, meaning, we have clear signals that prices will continue to go up.
First, we have that huge green candle on the 19-March.
Prices then entered a strong correction, which is 100% normal...
And as soon as EMA100 was tested as support, we ended up with a higher low, the uptrend is now secured.
Yesterday's candle also printed high volume and this signals that the retrace/correction is done.
Now, it can take days or weeks for the next jump, but what you have to do to profit is very easy, it is simply buying and hold... Set your sell orders on target and let them fill as prices go up.
This is not financial advice. Thanks a lot for your support.
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.