Steem

Steem is moving sideways after the nice surge a few days ago. The volume is lower over the last 3 days, which is normal for a sideways move. It's nearing the end of the symmetrical triangle that I've drawn. The market has to decide whether it will break this triangle to the upside or to the downside within the next 15 hours.

The current resistance is at 0.00045200 BTC, support is at 0.00040700 BTC.

If we break to the upside, first resistance is at 0.00051900 BTC (red line). This is where I've placed a small sell order.
If we break to the downsite, first support is at 0.00034500 BTC. Next support at 0.0003200 BTC (blue lines). This is where I've placed two buy orders.

Bitcoin

Bitcoin has a red candle today. Finally... This is only the 3th red candle in 25 days!! A correction right here would be very healthy in my opinion.

I took some profit between $1475 and $1850 and I'm now looking to buy back if the price comes down.

First support is on the purple line at about $1525. If some bad news comes in (you never know) I'm not surprised if Bitcoin falls back to $1300 (blue line). That would be a nice buy opportunity!

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