$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #127, Dec. 10, 2016.
Hello Steemers!
POLONIEX
4 hour Poloniex chart - Dec. 9, 2016
4 hour Poloniex chart - Dec. 10, 2016
1 day Poloniex chart - Dec. 9, 2016
1 day Poloniex chart - Dec. 10, 2016
The price went down to the 0.000275 support level with a small bounce try at the 0.00029 levels and the lowest point at 0.000271. AT the moment it is traded art around 0.00028.
BITTREX
4 hour Bittrex chart - Dec. 9, 2016
4 hour Bittrex chart - Dec. 10, 2016
The Bittrex price also had a short stop at the 0.00029 but also kept going down and made the new local low slightly above Poloniex, at 0.0002735 where it's traded at right now as well.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Dec. 9, 2016
STEEM/BTC volume Bittrex Dec. 10, 2016
STEEM/BTC volume Poloniex Dec. 9, 2016
STEEM/BTC volume Poloniex Dec. 10, 2016
STEEM indexed global volume Dec. 9, 2016
STEEM indexed global volume Dec. 10, 2016
Coinmarketcap top volume cryptos Dec. 9, 2016
Coinmarketcap top volume cryptos Dec. 10, 2016
Overall volume about 45% lower then yesterday, $STEEM on 19th place on the volume rankings.
Poloniex volume about 48% lower then yesterday, ~103 BTC.
Bittrex volume about 34% lower then yesterday, ~12 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:)
Thanks again for the analysis and charts. A plateau for s very short while, then the uprise shall start again for the Solstice season. Joy! Namaste :)
Cheers!
Every day same report, no advice no prediction. Everybody can check those charts by himself. I can't get it why so many upvotes and reward. It's tones of better and more useful post on steemit who deserve rewards. Nothing personal and no hard feelings please. Just my opinion.
Cause he doesnt give up and keeps on posting things that peoole want ti see at a gkance and might not easily know how to attain.
I havent seen many others doing this for months and not giving up. ;)
Fair enough, but still. Thanks for reply.
Your opinion only :)
Sure. That's what I said.
COMMENT
The price seems to be flattening out and preparing for a move.
It is at a support level right now which could be used for a bounce but I think we are more likely to see a slight downtrend.
Here is my main wave count. We could still drop little lower.