$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #63, "Face up,,, make your stand!" Oct. 03, 2016.
Hello Steemers!
POLONIEX
4 hour Poloniex chart - Oct. 02, 2016
*4 hour Poloniex chart - Oct. 03, 2016
1 day Poloniex chart - Oct. 02, 2016
1 day Poloniex chart - Oct. 03, 2016
After being pulled back from the spike yesterday, the price made a slightly higher low and spiked through the resistance line once again, this time closing a 4h candle right on it, at the moment the price is in a slight pullback trading just underneath the same, ~0.00076, resistance line.
BITTREX
4 hour Bittrex chart - Oct. 02, 2016
4 hour Bittrex chart - Oct. 03, 2016
The Bittrex price on the other hand had a smaller pullback after the bounce yesterday as well as a higher recent spike today, spiking through the ~0.00078 resistance line and going even past 0.0008 BTC. At the moment it is traded just a few satoshi below 0.00075.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Oct. 02, 2016
STEEM/BTC volume Bittrex Oct. 03, 2016
STEEM/BTC volume Poloniex Oct. 02, 2016
STEEM/BTC volume Poloniex Oct. 03, 2016
STEEM indexed global volume Oct. 02, 2016
STEEM indexed global volume Oct. 03, 2016
Coinmarketcap top volume cryptos Oct. 02, 2016
Coinmarketcap top volume cryptos Oct. 03, 2016
Overall volume about 40% lower then yesterday, $STEM on 27th place on the volume rankings.
Poloniex volume about 40% lower then yesterday, ~86 BTC.
Bittrex volume about 20 % lower then yesterday, ~33 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 :)
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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
Not as a strong bounce as I was hoping for, but the price did make a higher low compared to yesterday. When looking at the daily chart, I can't help but being positive at an uptrend cos of the major higher low it seems to be making and the swing low which it seem to be making today.
All of that lets me believe that the price should trade upwards in the coming few days.
Liking this support, but still on the fence. Thinking of putting in a limit order around the low... thinking... thinking... :)
I am happy as long as we hold above the September 21 low.
Great post and thanks again for sharing. Happy to upvote and share this on Twitter✔ for my followers to see. Cheers. Stephen
Thank you very much again Stephen!
Thank you! Resteeme d up!
thanks allot!
The price looks like it is trying to peak up... but it needs a push!
Hoping for coming up trend!
:) Thank you for chart and music :)
I like what you try to make interaction with steemians :)
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