$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #129, Dec. 12, 2016.
Hello Steemers!
POLONIEX
4 hour Poloniex chart - Dec. 11, 2016
4 hour Poloniex chart - Dec. 12, 2016
1 day Poloniex chart - Dec. 11, 2016
1 day Poloniex chart - Dec. 12, 2016
AFter making the new local low yesterday, the price stopped and traded totally flat, very close around the 0.00025 line.
BITTREX
4 hour Bittrex chart - Dec. 11, 2016
4 hour Bittrex chart - Dec. 12, 2016
The price on Bittrex had the same action as Poloniex, since it reached it new local low yesterday it traded totally flat slightly bellow the 0.00025 line where it is still traded.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Dec. 11, 2016
STEEM/BTC volume Bittrex Dec. 12, 2016
STEEM/BTC volume Poloniex Dec. 11, 2016
STEEM/BTC volume Poloniex Dec. 12, 2016
STEEM indexed global volume Dec. 11, 2016
STEEM indexed global volume Dec. 12, 2016
Coinmarketcap top volume cryptos Dec. 11, 2016
Coinmarketcap top volume cryptos Dec. 12, 2016
Overall volume about 52% lower then yesterday, $STEEM on 22nd place on the volume rankings.
Poloniex volume about 57% lower then yesterday, ~82 BTC.
Bittrex volume about 71% lower then yesterday, ~71 BTC.
COMMENT
Once again, I will post the comment by commenting as it involves my personal opinion!
Thank you for understanding!
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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
We are on support levels and the price seems to be holding, however, I think it's getting ready to dump towards the 20k line
I am happy as long as we hold the November 17 low.
Resteemed
Hum, the down trend started again... Thanks for your info and namaste :)
snart blir bra pris