$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #54, "Don't you cry no more" Sept 24, 2016
Hello Steemers!
POLONIEX
4 hour Poloniex chart - Sept 23, 2016
4 hour Poloniex chart - Sept 24, 2016
1 day Poloniex chart - Sept 23, 2016
1 day Poloniex chart - Sept 24, 2016
The price went down nearly hitting the first white line and made a huge bounce breaking through next 3 lines.
Pulled back down and is now trading around the 2nd green line, ~0.001 BTC.
BITTREX
4 hour Bittrex chart - Sept 23, 2016
4 hour Bittrex chart - Sept 24, 2016
After reaching the purple support line yesterday, the price traded slightly above it for some time, in one moment dipping slightly bellow it and the bouncing hard breaking next 3 lines and being contained at the last one, ~0.001 BTC.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Sept 23, 2016
STEEM/BTC volume Bittrex Sept 24, 2016
STEEM/BTC volume Poloniex Sept 23, 2016
STEEM/BTC volume Poloniex Sept 24, 2016
STEEM indexed global volume Sept 23, 2016
STEEM indexed global volume Sept 24, 2016
Coinmarketcap top volume cryptos Sept 23, 2016
Coinmarketcap top volume cryptos Sept 24, 2016
Overall volume about 8% lower then yesterday, $STEEM on 10th place on volume rankings.
Bittrex volume about 70% lower then yesterday, ~52 BTC.
Poloniex volume about 6% higher then yesterday, ~542 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 :)
COMMENT
Expecting the price to pull back down to either the ~0.0009 or to the ~0.00084 line before it keeps on making new local highs
Question @ozchartart
Why did you Flagged @masteryoda? Any reason?
You have just lost an upvote from me.
⚠️⚠️⚠️⚠️⚠️
Have a good day.
Sure,not a problem, I even explained it in the comment of that post
1st thanks for noticing and thanks for bringing it up to the attention, infact im considering to do a whole post reply to yoda's.
So to further explain the reason, I flagged the post with both of my account (with 1% power) to make it simbolical, as you can see (i underlined the words), @masteryoda is saying that cos he got flagged by "authority"/"ned?" (p.s. i might wanna add, isnt this decentralized? authority? wtf are u talking about yoda) he has NO OTHER CHOICE but to stop posting.
In my honest opinion the community is the one who decides if content is wanted or not, not some whale, sure he got downvoted once and that downvote might have taken few 100$ from the post, but is it realy a reason to give up? By giving up @masteryoda showed weakness and allowed domminance.
You can look at my blogs and see how many times I have been downvoted, by ned, dan, other whales,, doesnt matter, how many times people were writing stuff like " TA is 100% BS", i never gave up, nor do I plan to cos of 1 downvote or a comment, no matter from who it came from,
So the real reason I flagged @masteryodas post is cos i think it's a shit post (cos he is giving up and leaving), I wanted to show him which content of his would be flagged by me (sht like that, giving up, etc), and in all honesty everyone who likes his updates should do the same, that way (upvoting updates, and downvoting a post where he "cries" and wants to leave) should hoppefully show people which posts of their the community likes and which not.
The only thing he showed to me by giving up at first flag is that he is in it purely for the money nothing else cos, theres 1 downvote on 250+ upvotes on his posts, and he is saying he's got no other choice but to stop and give up? cmon...
@bullionstackers I'm open for discussion. ^ is my personal opinion
Although u aren't voting anymore I would still be glad if you keep on reading and discussing!
Once again thank you for bringing the matter up!
Thank you
For the reply and clarification , now it make sense.
The community appreciates your input.
No problem! And thank you once again for giving me the chance to reflect upon the whole situation
So do you think the chart has made a double bottom? (looking at that last bittrex chart)
glad i bought some at bottom
Nice article!