$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #99, "going for a 3rd test" Nov. 12, 2016.
Hello Steemers!
POLONIEX
4 hour Poloniex chart - Nov. 11, 2016
4 hour Poloniex chart - Nov. 12, 2016
1 day Poloniex chart - Nov. 11, 2016
1 day Poloniex chart - Nov. 12, 2016
After reaching the 0.00017 support line the price made a very mild bounce to the 0.0002 line and then turn back down again. At the moment it is traded slightly bellow 0.00018 and looks like it's going for a 3rd test on the 0.00017 support line.
BITTREX
4 hour Bittrex chart - Nov. 11, 2016
4 hour Bittrex chart - Nov. 12, 2016
The Bittrex price also had a mild bounce reaching to the 0.0002 levels and already went as low as 0.000171 after it. At the moment it's traded at around the same price as Poloniex.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Nov. 11, 2016
STEEM/BTC volume Bittrex Nov. 12, 2016
STEEM/BTC volume Poloniex Nov. 11, 2016
STEEM/BTC volume Poloniex Nov. 12, 2016
STEEM indexed global volume Oct. 11, 2016
STEEM indexed global volume Oct. 12, 2016
Coinmarketcap top volume cryptos Nov. 11, 2016
Coinmarketcap top volume cryptos Nov. 12, 2016
Overall volume about 21% lower then yesterday, $STEEM on 26th place on the volume rankings.
Poloniex volume about 19% lower then yesterday, ~61 BTC.
Bittrex volume about 48% lower then yesterday, ~16 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 :)
steemfest + upcoming inflation changes
VS.
Payout Time changes (estimated lots of liquid steem, mostly earned from inflation)
COMMENT
Looks to me like the price is gonna go bellow the 0.00017 support line and probably use the 0.00015 support line for a bounce of some degree.
Looking forward to this wedge breakout.
UPDATE: I figured it out: https://steemit.com/steem-help/@me-tarzan/tutorial-beginners-how-to-send-steem-from-poloniex-to-steemit Hey I'm new to this, how do I deposit STEEM I bought on poloniex here to "power up"? I can't find the wallet address. Thanks!
from poloniex you send STEEM to yourself as @notgeld then when you have it on your steemit account, you go to your wallet and see the STEEM that you sent from your poloniex account. There is a drop down menu next to the STEEM and you simply chose "power up" and then enter and amount.
any questions, look me up.
Hey thanks, that's very cool of you to help and I appreciate it very much. I got it to work with just 1 STEEM so now I'm going to try it with a bigger amount.
thanks for compiling this data
hey ozmaster , whats ur opinion on steem price on wed 16th of nov plz , are we ganna see a spike. thanks
I was expecting a much more pronounced bounce with STEEMfest on
it will take some days. as the post will only come in after everybody is home..
I am the only one posting 4 posts about steemfest per day ;)
Thanks for your explanation.