$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #52, "Just a little sign?" Sept 22, 2016
Hello Steemers!
POLONIEX
4 hour Poloniex chart - Sept 21, 2016
4 hour Poloniex chart - Sept 22, 2016
1 day Poloniex chart - Sept 21, 2016
1 day Poloniex chart - Sept 22, 2016
The Poloniex price went sharply up with allot of volume spiking through the 0.0009 resistance line, and now being traded at the near the very same.
BITTREX
4 hour Bittrex chart - Sept 21, 2016
4 hour Bittrex chart - Sept 22, 2016
After dipping slightly bellow the 0.0007 blue support line the price sharply went up, this time with allot of volume on Bittrex as well.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Sept 21, 2016
STEEM/BTC volume Bittrex Sept 22, 2016
STEEM/BTC volume Poloniex Sept 21, 2016
STEEM/BTC volume Poloniex Sept 22, 2016
STEEM indexed global volume Sept 21, 2016
STEEM indexed global volume Sept 22, 2016
Coinmarketcap top volume cryptos Sept 21, 2016
Coinmarketcap top volume cryptos Sept 22, 2016
Overall volume about 380% higher then yesterday, $STEEM again under top 10 on volume rankings!
Bittrex volume about 535% higher then yesterday, 217 BTC.
Poloniex volume about 325% higher then yesterday, 505 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.
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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
Since I saw Bittrex volume making a very high gain since a long time ago, I would dare to say that we hit the bare bottom and are due to a trend change. To be quite honest the price might dip a bit here again, but in overall I'm looking forward to an uptrend.
Thank you again for your charts and analysis. I have been on the fence long enough waiting to Power Up. After reviewing your charts and reading you analysis, I have just now, Powered UP. Not sure when it will show up in my account tonight. I expect by tomorrow morning I will see the trade settled and more VESTs in my account.
Thank you for your vigilence in monitoring STEEM/BTC. I wanted you to know your analysis does make a difference.
Steem on,
Mike
Today was a nice volume spike on a green candle. Unfortunately, we saw the same thing on August 29th. Hopefully we get another green day to break up the trend.
Steem shoots to thrill! Always exciting things happening at steemit and in the steem ecosystem. Long live steem!
Your chart analysis is very helpful. thanks