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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #30 "Cause the walls start shaking" Aug 29, 2016

in #steem8 years ago

Great post,

This is my analysis:
Steem/BTC

As predicted last time, Steem / Btc currency pair has reached its low 0.1224.
If you acted as we forecasted the last time, you could earn 30%. Now the situation is following: the lowest volatility was in the previous session, which gives us understanding that the end of the downtrend is near.

That is what we saw today. There was a change in trend and now we are going up. Firstly, we need to test the level 0.0023, which was previously the level of resistance. When we reach this level, you could earn about 46%. A large volume on the last bar tells us that the upward movement will continue.

Aim: 0.0023

Resume: Buy


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