jonchan

Steem 1D

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BINANCE:STEEMBTC   Steem / Bitcoin
Looking at the 1D chart, we can see that Steem is forming an ascending triangle, which is bullish. It is marked by the orange rising trend line, and the orange horizontal resistance line. The MACD is setting up to cross bullish if we get follow through. The moving averages are all pretty tight together so a breakout to the upside should result in some golden crosses. I will go over my entry in the next post since I decided to look at the 12H chart.
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