Steem/Btc printed a very nice "Hammer" and it is valid according to the naked trading patterns book. A system i use a lot.
How is it valid? it opened and closed within the range of the previous bar, and the wick of the candle reaches down into a territory it has not been in a very long time. Classic reversal pattern. Then we also have volume backing it up, oh and a few days later also a very nice engulfing candle with volume.
What you can do is check for similar patterns on other charts and see that when you find them, they are a very powerful signal. First target got hit at 0,00015. Next target could be 0,00022. Targets are usually support/resistance areas and preferably round numbers like 0,20 0,25 0,30 0,35 0,40 so on. Depending on where you entered the trade, anywhere from 15-20% gain. And say you keep 20% running risk free to target 2, is an excellent trade running.
Be well