Steem has recovered nicely since yesterday and it looks like we are about to take another leg up. Here is the daily chart:
Comment: We have not closed for the day, but we are forming the second hammer in a row and it does look like we have another bull flag formation. If we can get a daily close above 4.68 I do think that we could head up to the next level at around 5.50 which is the black horizontal line.
Happy Steeming!