1 STEEM = ₿955 Satoshi -- Is it really a good time to buy now?

_{(Chart by TradingView)}

Until about February 1, the Ultimate Moving Average of the Steem price against Bitcoin continued to fall to around ₿850 satoshi. From there it climbed back up to where it is now.

Meanwhile, the SuperTrend indicator has switched to a buy position from February 6 through today.

The Squeeze Momentum indicator also appears to be in a bullish position with relatively low volatility.

Will the price trend of Steem against Bitcoin continue to rise? And is it really a good time to buy?

Let's keep monitoring the price movement of Steem against Bitcoin.