Yesterday I made a post on STEEM, a cryptocurrency which at this moment in time has I very high potential: https://goldtadise.com/?p=404224

For those of you that are interested and maybe have set up an account to trade it, I make a quick update:

Yesterday I showed a STEEM chart relative to the price of ETH Ethereum (link above): on this chart STEEM had broken out of a bullish descending wedge and was backtesting the BO. At the moment it is still backtesting the descending resistance (now support) line, which it has now touched about 7 or 8 times, riding the support line down like a rollerskate rider !!

The following chart is STEEM relative to BTC Bitcoin (first the big picture and then a zoom):


You can see the inverse H&S pattern forming on the descending resistance line of the bullish wedge, ready to break out.

Now here is a close up:


As you can see a false break out formed the head of the inverse H&S formation and STEEM is now picking up steam in order to break out of the bullish descending wedge.

I personally believe this BO could be impressing ! I will keep you updated ! Cheers !