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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #59, "There Are No Unbeatable Odds" Sept 29, 2016
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Due to declining volume i see a possible bounce point here, which would then in my eyes confirm the change of the overall trend,
but I also see a possibility of a further downtrend,
which although (depending on the stopping point) would still confirm a trend change.
Watching this trend line.
So, you're pretty sure it could go up or down.
Given the volatility of the market and the volume we're seeing at the moment I'd say we're likely to see minor fluctuations ranging from slight to moderate. Therefore our analysis team has predicted sideways treand breaking out to the high side, of course it is also as likely we could see a downward spike as the markets adsorbs further data...