STEEM Price Touched Our First Price Target – What Next?

Okay, if you have read listened to my price analysis of steem on the scaredy cat investor show over on MSPWaves, then you know the price points we were looking for on steem.
Steem once again charted well technically and we surpassed the first resistance at the 40-45 cent area to touch the first upside target.
Rebound Off The Target
I’ve noticed that when steem makes a push higher it tends to have that big upper wick bounce off the next upside target.  We are seeing it today so far.

Looking at the chart you can see we finally busted out of the lower

About the author: TIMM Trader
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