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RE: $STEEM/BTC Poloniex+Bittrex Technical Analysis / Market Report Update #220, May. 26. 2017.
COMMENT
In case of an uptrend i would expect the first harder resistance to be at 55k satoshi with the next target being the 65k line.
In case the 48k support fails to hold, I see the price dipping down possibly even to around 36k satoshi (where i made 2 lines thicker, the red and purple ones) but I also expect good support around 40k saotshi which might just hold and provide enough support for another change in the trend.
Thank you! All I needed, really.