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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #202, Feb. 23, 2017.

in #steem7 years ago

COMMENT

The ~9.9-9.6k satoshi level seems to be playing an support level, as shown on the hourly chart bellow, I see 2 possible situations,
1st - the ~9.9-9.6k satoshi support holds and the price keeps the uptrend going to the 12.6k satoshi resistance,
2nd- the price gets pushed down to ~9.2k satoshi where I expect support and possibly a bounce point.

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