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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #40, "...wasted again..." Sept 09, 2016
COMMENT
that hard dump and the making of a swing low would indicate to me that there will be accumulation here.
Downwards potential is still there with first support line around ~0.0007BTC(marked with light blue dashed line):
I doubt we will see the downtrend continue today, more in favor of a fair bounce here.