$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #191, Feb. 12, 2017.steemCreated with Sketch.

in steem •  2 years ago 

Hello Steemers!

POLONIEX


4 hour Poloniex chart - Feb 11, 2017


4 hour Poloniex chart - Feb 12, 2017


1 day Poloniex chart - Feb 11, 2017


1 day Poloniex chart - Feb 12, 2017

After comming close to the 14.6k line yesterday the price started a downtrend breaking the support line on 14.2ki satoshi and went down towards the 13k support level.
It made a new local low at 13.2k satoshi and then got pulled back up to about 13.7k satoshi around where it's traded at the moment.

BITTREX


4 hour Bittrex chart - Feb 11, 2017


4 hour Bittrex chart - Feb 12, 2017

Bittrex marked it's new local low at 13.5k satoshi and has been traded around that level since.

VOLUME COMPARISON


STEEM/BTC volume Bittrex Feb 11, 2017


STEEM/BTC volume Bittrex Feb 12, 2017


STEEM/BTC volume Poloniex Feb 11, 2017


STEEM/BTC volume Poloniex Feb 12, 2017


STEEM indexed global volume Feb 11, 2017


STEEM indexed global volume Feb 12, 2017



Coinmarketcap top volume cryptos Feb 11, 2017



Coinmarketcap top volume cryptos Feb 12, 2017
Overall volume about 166% higher then yesterday, $STEEM on 31st place on the volume rankings.
Poloniex volume about 420% higher then yesterday, ~56 BTC.
Bittrex volume about 11% lower then yesterday, ~7 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

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

COMMENT

Expecting further downtrend to the 13k satoshi support line.

This post has been ranked within the top 25 most undervalued posts in the second half of Feb 13. We estimate that this post is undervalued by $15.62 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Feb 13 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.