Did someone say STEEM is going down again? Yes, actually that was me 6 days ago. You can read about it again here in this post:
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https://steemit.com/steem/@ew-and-patterns/steem-totally-decoupled-from-btc-following-its-wave-count

The wave count of my old post is still valid and running perfectly. Compare theese:
![Ex3qQdlt.png](https://steemitimages.com/DQmPDh47tDsf3BLubbtt9WZeBoaiXBXDekZdP12SLUW2uCA/Ex3qQdlt.png)
![1zAtBWmG.png](https://steemitimages.com/DQmc3HwZdWChrnq2BrR4RuU2G3x4MceB61Ee7U3sX9uMKai/1zAtBWmG.png)
![Ex3qsQdlt.png](https://steemitimages.com/DQmP5A1RM2PYAZ4mvYpR6vsE6eMBN5n66JMcfTNZJVb1cT4/Ex3qsQdlt.png)
This would mean cheap steem close to 14000 satoshi. I am prepared for that...

The correlation between BTC and STEEM, which existed months ago is still completely absent to this hour. This will probably continue until the new low in STEEM is found.
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
If you think this to be useful information:
![DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif](https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif)
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)

DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way i see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post.
If you make any trades after reading this post it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Tell me what you think...

Have a nice day :-)