By now means am I saying I think this will happen, but technically the possibility is there. What exactly is it I’m speaking of….
Higher Highs and Higher Lows
In order to have an uptrend price needs to make higher highs followed by a higher low and then a higher high. (say that three times fast).
Looking at the daily price chart of steem you see we had our last high (which marked the bearish u-turn I called out) and the subsequent selloff to where we are now.
Price has started to turn a little here and if we see any follow through higher
Add your Scripsio!
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