Hello Steemians. As of this writing BTC is trading at $11500, and looks like the previous high on Feb 20 is in play. Let's have a look on the daily chart:
I have drawn a dashed line through the Feb 20 high at 11775, looks like that is going to be near term resistance, before the 12500 level. We still need some serious volume which is missing.
There is not too much to talk about STEEM, rarely I have seen a "dead" chart like that one. XRP on the other hand is showing some life the last couple of days:
There are two solid green candles off a month long base looks promising. Excellent bullish stochastic crossover supports the move. There is fresh volume. If the volumes carries it above the 50 EMA, it could start a new uptrend. I will be interested then.
Disclaimer: This is NOT professional advice, this is all just my own opinion and experience. I am NOT a Certified Financial Adviser. Consult professionals for any financial, accounting or legal related questions you have.
