Technical View on Steemit & Steemdollars
I recently looked at the charts of SteemBTC and realised that there as some really interesting patterns developing in them which indicate some great bullish potentials.
Triangle Formation
First, we have a triangle formation which I think will break to the upside once Bitcoin Starts moving higher.
Bullish Gartley
Alternatively, even if we break to the downside, there is a horizontal support which also is the point of completion of a Bullish Gartley pattern on the charts.
Overall, the entire scenario looks ripe for some strong movements upwards towards new all time highs. Will have to keep a watch.
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