$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #135, Dec. 18, 2016.
Hello Steemers!
POLONIEX
4 hour Poloniex chart - Dec. 17, 2016
4 hour Poloniex chart - Dec. 18, 2016
1 day Poloniex chart - Dec. 17, 2016
1 day Poloniex chart - Dec. 18, 2016
A new local high was marked at 0.000224 after which the price did a sharp small dump to 0.000207 BTC.
After the sharp dump it got pulled back up to around 0.000215 where it is traded at right now.
BITTREX
4 hour Bittrex chart - Dec. 17, 2016
4 hour Bittrex chart - Dec. 18, 2016
The bounce on Bittrex had its top just around about 150 satoshi above the Poloniex.
It had it bottom at also 0.000107 as Poloniex, and is now traded at around 0.00023 BTC.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Dec. 17, 2016
STEEM/BTC volume Bittrex Dec. 18, 2016
STEEM/BTC volume Poloniex Dec. 17, 2016
STEEM/BTC volume Poloniex Dec. 18, 2016
STEEM indexed global volume Dec. 17, 2016
STEEM indexed global volume Dec. 18, 2016
Coinmarketcap top volume cryptos Dec. 17, 2016
Coinmarketcap top volume cryptos Dec. 18, 2016
Overall volume about 36% lower then yesterday, $STEEM on 22nd place on the volume rankings.
Poloniex volume about 38% lower then yesterday, ~62 BTC.
Bittrex volume about 8% higher then yesterday, ~10 BTC.
COMMENT
Once again, I will post the comment by commenting as it involves my personal opinion!
Thank you for understanding!
If anyone has any questions or need's help fell free to ask, I will try to explain as fast and as best as I can.
Critics, comments, reply's, counters, advice's, etc. are always welcome!
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DISCLAIMER
I am showing multiple scenarios on the price movement, in the post itself I do not take any stance, either bullish or bearish. I am not responsible for neither you’re winning nor you're losses upon trading! the "comment" section is my personal opinion and does not mean I have to or do hold any positions in the given market.
Everyone who uses TA develops his own unique charting style, please keep that in mind.
Kind regards, OZ:)
COMMENT
Thinking if the price goes bellow 0.000205 we will see a dump towards the 17k support line,
if it holds and breaks upwards of the 20k line i think it will take a shoot for the 25k resistance
RS and UV for you!
Great stuff, keep up the good work.