$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #163, Jan. 15, 2017.
Hello Steemers!
POLONIEX
4 hour Poloniex chart - Jan. 14, 2016
4 hour Poloniex chart - Jan. 15, 2017
1 day Poloniex chart - Jan. 14, 2016
1 day Poloniex chart - Jan. 15, 2017
After reatchin the 16.3k support yesterday, the price slowly turned towards the 17k resistance line fir spiking mildly through it and then making a harder bounce and for the time being a new higher local high at around 18.7k, at the moment it is traded slightly bellow the newlčy made local high, at around 18.5k satoshi.
BITTREX
4 hour Bittrex chart - Jan. 14, 2016
4 hour Bittrex chart - Jan. 15, 2017
Bittrex kept it's uptrend that it started yesterday with a mild tempo and then also like on Poloniex, broke the 17k resistance level and made a new local high at 18.4k satoshi, at the moment it's traded slightly bellow it.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Jan. 14, 2016
STEEM/BTC volume Bittrex Jan. 15, 2017
STEEM/BTC volume Poloniex Jan. 14, 2016
STEEM/BTC volume Poloniex Jan. 15, 2017
STEEM indexed global volume Jan. 14, 2016
STEEM indexed global volume Jan. 15, 2017
Coinmarketcap top volume cryptos Jan. 14, 2016
Coinmarketcap top volume cryptos Jan. 15, 2017
Overall volume about 137% higher then yesterday, $STEEM on 24th place on the volume rankings.
Poloniex volume about 109% higher then yesterday, ~84 BTC.
Bittrex volume about 304% higher then yesterday, ~15 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!
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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
By the looks of it, we are on an up-trend for the next little while!?! Joy... thanks for the info and namaste :)
Somebody is buying this evening.. wonder what is going on.
COMMENT
Expecting the price to got towards the 20k resistance, possible pullback to somewhere a bit above the 17k support as new higher local low then up again.
It did bump there; in fact, it got almost to 21,000 before pulling back. Don't quite know why...
Nice rise. Let's see if it can hold.
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