STEEMBTC
has closed above channel resistance and bulls will now look to take out the 39-43 resistance zone from last week. A break above 43 would target the August high at 50 square, followed by the 58-64 zone marked by the July 23 high:
STEEMUSD
This is where it gets interesting - though STEEM didn't close above last week's highs against Bitcoin - it did set a new closing high against the US Dollar. This is the first time we have finished the day above $1.60 in over a month.
STEEM remains bullish against the buck above the July lows, and the close above $1.60 targets $1.80 and beyond:
STEEMAUD
More of the same against the Aussie: close above $2 and first time we've pulled that off since mid July.
Close above last week's highs targets $2.25 and $2.50:
That's me for this weekend folks, back with my regular wrap tomorrow!
Team Aus footer by the amazing @bearone
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