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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #67, "If you give this trend a ride,,," Oct. 07, 2016.
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Seem the price is still in a downtrend, although it is on a support level and could make a bounce here or even have reached the bottom here I 'm not confident enough to call it here, not anymore,, It seems to me (now,,,) the price wants to reach near to a 100% with possible targets on ~0.00045 or even as low as ~0.00033.
Let's hope I'm massively wrong as yesterday and the price starts pumping really hard,,,
I agree... from a technical perspective this does not look good... My guess is that your downside targets will both be reached :/