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Buy spot on STEEM?

jondoe - 2024-04-02 18:27:15

STEEM may be setting up for the next leg higher


The crypto market has gotten whacked the last two days, STEEM included.


However, it may be a good buy spot for the tactical trader…


image.png


(Source: https://www.mexc.com/exchange/STEEM_USDT?_from=search_spot_trade)


We may seem STEEM bottom around these levels before ultimately breaking out to the upside, something like the above chart shows.


If we make lower lows than the prior correction though, around $.26 area, it could spell trouble for future gains…