STEEMBTC | Middle term fibonacci retracement

Fibonacci retracement is a method of technical analysis for determining support and resistance levels. They are named after their use of the Fibonacci sequence

Fibonacci retracement levels use horizontal lines to indicate where possible support and resistance levels are. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8% and 78.6%

STEEM is a fundamentally strong coin which has reached Fibonacci 100% retracement level after a prior pump. During last two days we tracked this coin and found it successfully consolidated and is ready to bounce