Technical Analysis: Steem - Feb 3rd

Steem has been on the rise since hitting a the low on Feb 1st. It has made a nice trend channel testing both the top and bottom twice. Look for the price to continue to rise for the next couple days and might see the price of Steem break $7 this upcoming week. Steem has been trading extremely volatile since its massive move to near $9 and doesn't look like it will stop any time soon. Hang on for the ride as we expect to see some big moves out of Steem in the coming months.