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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #48, "price on fire, burning with desire?" Sept 17, 2016

in #steem • 8 years ago

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If the volume on the downtrend keeps being low and shows some strength on the ~0.00085 support line, i would expect the price to go upwards towards the next resistance level.

If the volume on the downtrend starts rising and the support line shows too weak and break i would expect the price to go down and probably make an attack on the ~0.0007 support level

8 years ago in #steem by
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     8 years ago 

    I appreciate your daily updates and your commentary.

    Thank you for consistently being diligent in creating these charts and performing your analysis.

    Steem on,
    Mike

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     8 years ago 

    Thanks for the support! And my apology to everyone if I don't reply to the comments every day!

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