Here is STEEM/BTC chart:
![](https://steemitimages.com/DQmSkYJeAm1HVDPy4jD1nwKxJ9exSyXrDyJt98VcdqxK9p8/image.png)
Given that the a of abc (red) is so extended, c is expected to not be the longest as it usually is. I've done the micro dount of c and if correct, a turn up is due in short order. Buy the dip?

Again, watch Bitcoin trajectory of attaining that wave III. Bitcoin can lift the tide but also drain the tub. It's like how when the DOW crashes, it pulls down the world stock market. So, when Bitcoin sneezes, the alts catch a cold!
![](https://steemitimages.com/DQmZLARnah9cLF2TKnFV7eEEDLcgSbbDYBjzg9ouKZKSKxP/image.png)


![](https://steemitimages.com/DQmdW3JJWrgFJm92xvjP4s52cqV6F9aV8P68w7RuDPbknZQ/image.png)
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.