Hello traders,
the spread STEEM/BITCOIN is collapsing.
In 2 previous posts we wrote: "...But If you want to buy, we think it's not a good time. In the next hours it could be a strong bearish trend (75% of probability)..."
(2 days ago) Link: https://steemit.com/steem/@quant01/is-it-a-good-time-for-steem
(4 days ago) Link: https://steemit.com/steem/@quant01/steem-intraday-update
Look at the chart (4h):
All is confirmed!
The short-target (@0.00255) is not far. If you're in the market maintaine the short position, otherwise don't open a new one.
In our opinion it's not a good time to buy this spread.
Have a good trading day
Best