SteemBTC 4 hours charts

٧ مايو ٢٠١٨

Upward Channel started early April and failed to be continued earlier last week. However, Steem has the perfect set up for Elliott wave, 5 waves with the first impulse / retracement 0 - 1 - 2 giving us the levels of the two following impulse waves. I can now see 2 possible corrections, my strategy on this one will be to buy some at 50% retracement and will buy more if it retraces to 61% level.