STEEM is a great token, which has a working product and great team behind it. STEEM is also one of the top 50 Altcoins by market cap., so it does pretty good volume on a daily basis.
STEEM did its first wave after bouncing from bottom on mid March and reached up to 250% of its bottomed out price. Now STEEM has retraced nicely, it found support and is getting ready for another ride. We want to position ourselves by opening a position now, so that we can profit on the way up and sell a portion of our tokens each time we hit one of our targets. We later use these profits to buy back lower in preparation for another run, or we keep it for new trades or withdrawal depending on your own personal choice.
STEEM is a very strong project. You can buy and hold this coin long term, so this is a safe trade because it will grow as the market grows regardless of the short term view perspective and price swings. Let's get into the details right away...