$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #98, "still holding" Nov. 11, 2016.

in #steem8 years ago

Hello Steemers!

POLONIEX


4 hour Poloniex chart - Nov. 10, 2016


4 hour Poloniex chart - Nov. 11, 2016


1 day Poloniex chart - Nov. 10, 2016


1 day Poloniex chart - Nov. 11, 2016
After making a small bounce yesterday, the price turned back down reaching the 0.00017 support level. At the moment it's traded slightly above.

BITTREX


4 hour Bittrex chart - Nov. 10, 2016


4 hour Bittrex chart - Nov. 11, 2016
The Bittrex price reached a little bit bellow the Poloniex one, down bellow the 0.00017 line to 0.000166. At the moment it is traded around the same level as Poloniex, slightly above the 0.00017 level,~0.000176 BTC.

VOLUME COMPARISON


STEEM/BTC volume Bittrex Nov. 10, 2016


STEEM/BTC volume Bittrex Nov. 11, 2016


STEEM/BTC volume Poloniex Nov. 10, 2016


STEEM/BTC volume Poloniex Nov. 11, 2016


STEEM indexed global volume Oct. 10, 2016


STEEM indexed global volume Oct. 11, 2016


Coinmarketcap top volume cryptos Nov. 10, 2016



Coinmarketcap top volume cryptos Nov. 11, 2016
Overall volume about 27% lower then yesterday, $STEEM on 24th place on the volume rankings.
Poloniex volume about 29% lower then yesterday, ~75 BTC.
Bittrex volume about 2% higher then yesterday, ~31 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!
Have my charts helped you in any way?Let me know with a comment below :)
Are there more people who are doing TA?
Please post the links to your TA's posts into the comments as well!

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 :)

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COMMENT

The price seems to be making its way towards the 0.00015 line, expecting to see a bounce from there

Another possibility I see is a bounce from this line since it's a support line that has been tested for the 2nd time now.

Aww... I was hoping you could share your thoughts. The data is there (and thanks for collecting it and summarizing it)... but after looking at it... you could share your predictions or recommendations, even if you did put a disclaimer that you're simply "guessing"..

tnx for feedback I'll try to make it more accurate!
thats what the comment above was supposed to be "...the 0.00015 line, expecting to see a bounce from there"

Oops, missed it. I see it in the comment. Not the post itself.

The price seems to be making its way towards the 0.00015 line, expecting to see a bounce from there

yep, wanted to keep it kindoff separate :)

nice one as always!