$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #35 "No way but the hard way" Sept 03, 2016
Hello Steemers!
Some mild uptrend since yesterdays, might be another accumulation level here, a new higher low is definitely a bullish sign, did we finally enter the uptrend?
POLONIEX
4 hour Poloniex chart - Sept 02, 2016
4 hour Poloniex chart - Sept 03, 2016
Yesterday the price made a higher low, starting a mild bounce using the top line opf the newly made swing high as resistance.
BITTREX
4 hour Bittrex chart - Sept 02, 2016
4 hour Bittrex chart - Sept 03, 2016
After yesterdays dump, Bittrex price started a very mild bounce using the ~0.00158 line as resistance, repelling from it once already.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Sept 02, 2016
STEEM/BTC volume Bittrex Sept 03, 2016
STEEM/BTC volume Poloniex Sept 02, 2016
STEEM/BTC volume Poloniex Sept 03, 2016
STEEM indexed global volume Sept 02, 2016
STEEM indexed global volume Sept 03, 2016
Coinmarketcap top volume cryptos Sept 02, 2016
Coinmarketcap top volume cryptos Sept 03, 2016
The volume is a fair 50k$ higher then yesterday, although today Bittrex volume dropped again while the Poloniex volume went up. Again under top 20 on the coinmarketcap. No real weakness shows as far as volume goes.
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.
Kind Regards, OZ :)
COMMENT
Expecting some more accumulation around these levels, but overall expecting a mild uptrend with higher lows on the way. Also in case of uptrend I expect the volume to rise slowly.
There is still a potential of a downtrend but the chart is giving more and more bullish signs, we still might see a drop towards the ~0.001 levels but the chances of it are lower every day in my eyes.
Have you seen the dickbutt movement sweeping Steemit lately?
Wow @dantheman flagged _ickbutt but did it with 7% at least he showed restraint but @ozchart did it with 100%. So much for having a sense of humour. Always remember, you can't interrupt @ozchart's daily circlejerk!
This is very serious people! He copied and pasted charts for us. Then tells us how to read them and makes wild guesses. Such valuable and serious information. Not overpaid at all!
Looks like a ball bouncing! Very excited about these bullish signs! Thanks for the analysis
thanks for putting together all this data for us!
Looks like Steem is finding his price on the 0.75 cents 0.85 cents at the moment, that's no bad at all! hope keeps holding and then going up other ways we will see whats on.
I'm really impressed with Monero: 200%
I cannot really tell from the graphs what will happen. Is there a way to monitor inflow and outflow of Steem Dollars or Steem from and to Steemit in real time? I found volume a good predictor for prize so far in the crypto markets.
@steempowerwhale 🐳
🌞 upvoting your lifetime dreams!