STEEM completes ugly Head & Shoulders pattern
hive-167922·@drutter·
0.000 HBDSTEEM completes ugly Head & Shoulders pattern
<h4>Don't shoot the messenger, but STEEM has just completed a head-and-shoulders pattern on the chart, thanks to a pump (and dump) surrounding the <a href="https://steemleo.com/steem/@drutter/sudden-steem-spike-over-28-cents">Tron acquisision</a> several days ago.</h4>  Maybe it doesn't signal a coming move down for prices of our cryptocurrency, but periods of higher highs and lows, followed by lower highs and lows, typically aren't a sign of strength. A break below 0.2 could be somewhat ugly. What plays out remains to be seen, of course. <h5>Just something to be aware of. All the best to everyone in the new new era.</h5> DRutter  Posted via <a href="https://steemleo.com/">Steemleo</a>
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