We are suffering another uncertainty episode at the cryptopsphere.
Almost the first 50 cryptos by Market Capitalization on red numbers, except TRON that still maintains its small uptrend around 3 or 4%.
Regarding STEEM, after breaking an historical Upper Resistance trendline, seems it has managed to escape from the long term bearish trend but now is just correcting sideways, forming a loooong but small in price dispersion Bull-flag/pennant:
Let's see for how long but I guess the sideway movement will last still a few days. The main aim is to maintain the position between those two lines.
Steem on!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.