SUMMARY
For Altcoins, each has an exact pattern preference. As we've seen how Bitcoin prefers slices; STEEM is currently patterning a sizable FGHIJKLMNOP square. The below chart shows that each of the FGHIJKLMNOP can be subdivided into smaller D circles. So, if FGHIJKLMNOP are complete; then J is in progress and is expected to soon fail miserably.
IF the final J wave is subdivided as a Straight (6,6,6); the first 2 waves can be seen as failing; the brief FGHIJKLMNOP can be seen as complete as well; and the final 2 smirks of the n of R is in starting up. This could be exciting not because STEEM might revisit her $200 range; but because of what could come after the D circle crys.
Legal Disclaimer: I am not a financial advisor and I am pulling all of this out of my butt. I copied exactly from @Haejin as he is probably pulling most of this out of their butt as well.
Thanks!
Please Upvote, and if I see good feeback, I'll post more.