Market Update on Steem/USD 2/23/2018

in #steem7 years ago

On a 30m chart you see that price had a 'V' shaped recovery. This signals that this pullback is 'almost' over. What we want to see (technically) is for price to take out a prior high which is the 3.60 level and see whats happens after that which I assume would be the formation of a triangle.

On a 1m chart we have a mixed narrative. The current pivot is at around 3.28 so I expect price to bounce off there at least one more time.

Sort:  


steem and steem doller down againgood update post @dankh

i want to learn to read charts and predict prices where do you think i should start

start where it all started from. Read the books by WD Gann

Thanks
Any book in particular I should start with?

This post has received gratitude of 1.72 % from @appreciator thanks to: @dankh.