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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #121, Dec. 4, 2016.

in #steem7 years ago

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The price seems to be in a nice bullish mood, it hit a resistance line (blue one) from previous pump which could result in a pullback, probably to around 25k sat, but generally it has good potentially to break the resistance level and go into new local highs towards the 35k sat levels

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Here is my Elliott Wave count. We are currently in the wave 5, so we could soon get a pullback.

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STEEM 0.28
TRX 0.11
JST 0.031
BTC 68401.35
ETH 3900.35
USDT 1.00
SBD 3.63