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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #76, "HOOODL!!" Oct. 16, 2016.
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Seems like the price is defending the 0.0004 support level. Hopefully we will see it spike today, first resistance would still be the 0.00048 line, which also seems to have marked a possible accumulation area.
I have to admit that I am little surprised that the October 11 lows are still holding the price.