STEEM on the rise! Bullish weekly chart
STEEM
Zooming out, let's look at the weekly chart.
A lot of charts look like this at the moment, and is most likely why we are seeing a lot of pumps lately. EOS, Neo, Elf, to name just a few, are really spiking hard (EOS took the number 5 spot in market cap yesterday, overtaking Litecoin, doing almost $2 billion in volume!), and if you look at their weekly charts, they look very similar to the above. The Stochastic RSI is turning up, so too is the RSI indicator, we also have volume spikes which is another indication that a reversal is looming (if not already in progress).
My own personal opinion, don't go chasing the pumps, but instead, be ready for them. Start to load up on coins where the charts look like this, there are still plenty out there just waiting for a big pump (i will post a few later tonight).
Could altseason finally have arrived?!? What do you think?
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SmilingLlama 
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