The current setup and larger fib patterns of STEEM suggest that a move into triple digits has begun. In the current pattern I can project a move to $166 as shown. As always, time is not relevant on my charts, but do believe we'll see these levels in 2018. And, I can change my view at any time if key support breaks along the way.
Ryan Wilday (@wildtrader) leads the cryptocurrency service on elliotttrader.net, a subscription service with trade notifications on crypto currency using the Elliott Wave Principle, trader education, and community discussion on crypto currency.