$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #69, "It's getting harder and harder" Oct. 09, 2016.
Hello Steemers!
POLONIEX
4 hour Poloniex chart - Oct. 08, 2016
4 hour Poloniex chart - Oct. 09, 2016
1 day Poloniex chart - Oct. 08, 2016
1 day Poloniex chart - Oct. 09, 2016
The Poloniex price went further down making another all time low at around 0.000575 and is now trading slightly above it.
BITTREX
4 hour Bittrex chart - Oct. 08, 2016
4 hour Bittrex chart - Oct. 09, 2016
The Bittrex price also went further down making a new local low just a few satoshi lower then yesterday, reaching about the same level as Poloniex, ~0.000575
VOLUME COMPARISON
STEEM/BTC volume Bittrex Oct. 08, 2016
STEEM/BTC volume Bittrex Oct. 09, 2016
STEEM/BTC volume Poloniex Oct. 08, 2016
STEEM/BTC volume Poloniex Oct. 09, 2016
STEEM indexed global volume Oct. 08, 2016
STEEM indexed global volume Oct. 09, 2016
Coinmarketcap top volume cryptos Oct. 08, 2016
Coinmarketcap top volume cryptos Oct. 09, 2016
Overall volume about 48% lower then yesterday, $STEEM on 15th place on the volume rankings.
Poloniex volume about 50% lower then yesterday, ~120 BTC.
Bittrex volume about 40% lower then yesterday, ~25 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
Seems like still in downtrend, volatility getting lower and lower, next target I see on the downside is the ~0.000568 line, since it seems to have been a support/resistance in the past on Bittrex
on the uptrend i see the ~0.000617 level as the first possible resistance.
Make it stop!! :P
We made it all the way to the lower channel line.
excellent information, very valuable data, there is much work to gather all this information, good job congratulations
Thank you very much!
I think it is nearing the time to re-load on steem.
Steem power has an automatic 100% per annum inflation rate which implies a cautious approach to any accumulation in steem power. If you're bullish on steem (and you want to load-up), you must remember to average-in (i.e. price and volume ratio accumulation), in any long term investment portfolio. Else, it's better to just stay out of the marker for the next few months. There will always be new sellers.
you are confusing Steem wirth Steem Dollars
Quite the dips. Time to buy more steem!
A dip is NOT a buy. You'll get it half price later. It's only whales selling.
Thanks for the good post, your time and hard work!
Have not even imagined to hear legendary sound in Russia.
Kino - Summer Ends
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What on earth is happening to potcoin?
Its up 219%!! Insanity!
yep POT went through the roof