![Analysis_Logo Resize.png](https://cdn.steemitimages.com/DQmPGS4NFos8KZvW7KRjkYs21czufu92Vr9qooFwGNJm5vc/Analysis_Logo%20Resize.png)
### STEEM has been consolidating between 13,100 and 12,100 satoshi for the past month. A decisive break below could send price falling to at least 11,400 satoshi and possibly as low as 11,000 satoshi. 
![Screen Shot 2018-10-30 at 10.44.08 AM.png](https://cdn.steemitimages.com/DQmNecnSjEjtAbyuPAnF5cZypbuqRGCozb5TPLs6338eoyM/Screen%20Shot%202018-10-30%20at%2010.44.08%20AM.png)
### The daily Bollinger bands continue to severely bottleneck. 
![Screen Shot 2018-10-30 at 10.44.54 AM.png](https://cdn.steemitimages.com/DQme6HCWyo8BWq6866cix8McZMGJ2Qp5TWNEkRHH7e2ZTvQ/Screen%20Shot%202018-10-30%20at%2010.44.54%20AM.png)
### Zooming out on the daily chart, we can see the POSSIBLE makings of a cup and handle pattern. It’s clearly much too early to speculate on completion. 
![Screen Shot 2018-10-30 at 10.47.38 AM.png](https://cdn.steemitimages.com/DQmdvXpNBMdRywVwBULS54HVnSEY6kscroHoqCkBYv9SuwG/Screen%20Shot%202018-10-30%20at%2010.47.38%20AM.png)
### In today’s video analysis I discuss, where price may go from here, areas to consider lattering into a position and MUCH more. I hope you find it helpful. 
## Video Analysis:
https://youtu.be/cs-ZJz4YmKI
#### *If you don’t see the above video, navigate to TIMM (https://mentormarket.io/profile/@workin2005) or Steemit in order to watch.*

**I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!**
### *Workin*
## **If you found this post informative, please:**
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