Steem is Rising and Breaking the RSI

in #steemit7 years ago (edited)

Steem has been riding below the ceiling of its ascending triangle for some time, but I suspect is going to break out within this first quarter of 2018.

Seeing the Relative Strength Index being pushed that high without immediately diving is a good sign. While this would normally be a good time to sell, the strength of Steem is building. Just like real Steam, you can only contain the pressure for so long before the weak point erupts.

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The Human comes to life encased in a shell of protection, but to grow we must crack and then finally break that shell, having faith that as we grow we will not need the protection we once felt safe inside.

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It really rocket up. I spot an ABCD pattern ans manage to by at second impulse wave (3-4) at price $2.75. Check my TA #1 and #2. at the moment I can book 50% profit but I will HODL because i smell this is gonna be huge.