4 days ago I wrote about the two following scenarios, one bullish and one bearish:
Well, seems that the second one, the bearish, is on going:
- STEEM is currently tracing the wave (c) on green.
- I'm expecting a deeper fall, possibly searching and touching the the Lower Trending-line support on which I expect a reaction of the market, defining a clear bullish or bearish cycle.
We are suffering a very long correction, I have the feeling that maybe we are entering right now in a period of stabilisation, as it happened between the end of July and October last year:
The duration of this period would be uncertain but what is clear is that soon or later STEEM is going to rise ;-).
In front of that scenario, the only way is to HODL.
Just Dream and Enjoy Cryptoland!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.