Hello guys,
I see big profit on STEEM/BTC pair.Look at my detailed chart you will see reason.I used elliot waves combined with fibonacci retracement .
First of all you can see cup and handle formation.As expected it will rise into the handle channel.Wave 1 retraced nicely fibo 0.382 and i think it is confirmation of wave 2.Now it is starting of wave 3.Of course , it will not be a direct line like in the chart.it will also include another elliot wave in itself.Do not forget that all altcoins dependent on BITCOIN.I am also expecting a rise in BITCOIN.
NOTE: IT IS NOT A FİNANCIAL ADVICE.DO YOUR OWN RESEARCH