STEEM price update 1: Pullback to trendsteemCreated with Sketch.

in #steem7 years ago

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After a small fakeout, Steem has pulled back to the main trend, and presents us with a good oppurtunity to purchase more.
Caution is required with the BTC megabull under way, and we could see a large pullback if we close under 0.0004, although our Target price is around 0.0015, so a very good risk to reward ratio around 22-1

Until the next update,
Jason

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Yacht tag was funny :) Once those trend lines touch it will be interesting to see what happens next.

Very cool Jason, thank you!