So, Steem had a good day today, like most cryptos. We managed to increase about 6% and closed near the daily high. Here is the daily chart:
Comment: We also closed above the descending trendline (at 1.85) so we are at the moment on the right side of things. However, we need some momentum now in order to charge higher and hopefully Bitcoin will continue to go higher tomorrow (Tuesday).
I do have 3 near term targets to the upside, they are:
Target 1: 2.35 (Next Resistance Level)
Target 2: 3.05 (Next Fibonacci Level)
Target 3: 3.80 (Last Major Peak)
Happy Steeming!