$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #176, Jan. 28, 2017.
Hello Steemers!
POLONIEX
4 hour Poloniex chart - Jan. 27, 2016
4 hour Poloniex chart - Jan. 28, 2017
1 day Poloniex chart - Jan. 27, 2016
1 day Poloniex chart - Jan. 28, 2017
The price kept it's uptrend and hit the 17k resistance where it had a short break and then broke through it with a hard move and spiked through the 17.8k all the way up to the 18.5k resistance where it made a new local high.
It then got pulled back down bellow the 17.8k resistance but broke up above it again with the next candle.
At the moment its traded at the 18.5k resistance line.
BITTREX
4 hour Bittrex chart - Jan. 27, 2016
4 hour Bittrex chart - Jan. 28, 2017
Like Poloniex, Bittrex had a upwards day, but marking its local high a bit lower, at 18.2k satoshi where its traded at now.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Jan. 27, 2016
STEEM/BTC volume Bittrex Jan. 28, 2017
STEEM/BTC volume Poloniex Jan. 27, 2016
STEEM/BTC volume Poloniex Jan. 28, 2017
STEEM indexed global volume Jan. 27, 2016
STEEM indexed global volume Jan. 28, 2017
Coinmarketcap top volume cryptos Jan. 27, 2016
Coinmarketcap top volume cryptos Jan. 28, 2017
Overall volume about 49% higher then yesterday, $STEEM on 23th place on the volume rankings.
Poloniex volume about 58% higher then yesterday, ~155 BTC.
Bittrex volume about 37% higher then yesterday, ~28 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
What are the chances you can do a dedicated blog post, with your thoughts on everything to do with this Pascal Coin rollercoaster???
If you get flak and flags, just name me and link here as someone who asked you to do it.
I need to know LOL.
I want to know your take on the whole deal and if they will bounce back (apart from today's bounce back a bit for sure) -- and get back above their nutty gains or what you think.
If you do that stand alone post, I think a lot of people have questions and would like to benefit from your wisdom. Pls. tag me if you do said post on this!
COMMENT
Getting ready for 2 possibilities, a pullback from here to about 17.3k-17k satoshi then further move up to the ~19.4k resistance,
or, up to the ~19.4k resistance then a pullback to about 17.8k and then further uptrend to 20k.
This was my analysis also. I look for a pullback to 17ks then continuing up most likely. Nice charts!
TY for follow Warren - I f/b recently also.
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