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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #94, "near to bounce point?" Nov. 07, 2016.
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Price seems to be moving down towards the 0.0002 support line, expecting it to retrace down there with a possible spike down and hopefully make another hard bounce from there.
Do you do Fib retracements? @ozmater
yes, but on higher timeframes mostly, for my "long term" trades in the altcoins, not rly a fan of daytrading them,, yet
I agree. The price is holding the Ichimoku cloud support in the four-hour chart.