$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #146, Dec. 29, 2016.
Hello Steemers!
POLONIEX
4 hour Poloniex chart - Dec. 28, 2016
4 hour Poloniex chart - Dec. 28, 2016
1 day Poloniex chart - Dec. 28, 2016
1 day Poloniex chart - Dec. 29, 2016
The price started a straight out uptrend hitting the 0.000185 BTC resistance line and marking a new local high there, at the moment it got pulled back down to around 0.000175 BTC and is also traded there now.
BITTREX
4 hour Bittrex chart - Dec. 28, 2016
4 hour Bittrex chart - Dec. 29, 2016
Bittrex fitst jumped to 0.000174 BTC then had a slight pullback to about 0.00016, then kept the uptrend and made a new local high at 0.00018 BTC. Now its traded on the 0.000174 levels where the a local high was made earlier today.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Dec. 28, 2016
STEEM/BTC volume Bittrex Dec. 29, 2016
STEEM/BTC volume Poloniex Dec. 28, 2016
STEEM/BTC volume Poloniex Dec. 29, 2016
STEEM indexed global volume Dec. 28, 2016
STEEM indexed global volume Dec. 29, 2016
Coinmarketcap top volume cryptos Dec. 28, 2016
Coinmarketcap top volume cryptos Dec. 29, 2016
Overall volume about 19% higher then yesterday, $STEEM on 23th place on the volume rankings.
Poloniex volume about 17% higher then yesterday, ~105 BTC.
Bittrex volume about 16% higher then yesterday, ~20 BTC.
COMMENT
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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.
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COMMENT
The price is looking nice and bullish, therefor I'm expecting the uptrend to keep on and aim towards the 20k resistance.
yeah looks like we have an uptrend :)
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As always a great piece of TA. Thanks for sharing. Upvoted and tweeted. Stephen
https://twitter.com/StephenPKendal/status/814796147025920000
Thank you very much again Stephen!
No problem. Keep up the great work. Stephen
Disclaimer: I am just a bot trying to be helpful.