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STEEM/USD close to wave 3

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Published: 27 May 2018 › Updated: 27 May 2018STEEM/USD close to wave 3

STEEM/USD close to wave 3

Steem finished 1st cycle and it has entered the 2nd one. After big ABC correction Steem had 1-5 smaller waves and is currently in wave "C" of smaller ABC correction.
I'm expecting that Steem is soon to be over with that "C" wave at around $2.30. After that we may see new 1-5 smaller waves in bigger wave 3.

Steemusd.jpg

In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).

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