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RE: Trading Steem with Fractals and Multi-Timeframe Strategies

The way in which you have gone through the past month’s price movements for Steem is effective and organised at the same time. The identification of bullish fractals since mid-September indicating much bullish sentiment with slight short term corrections. This bullish view is also supported by the moving average analysis including the probability of the formation of a Golden Cross. It is possible to expect Steem to remain volatile around two crucial levels – resistance at $0.202 and support between $0.190-$0.180. It is a great strategy to employ technical indicators to analyze the probable movement of the markets!