You are viewing a single comment's thread from:
RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #17 "Go with the flow!" Aug 16, 2016
COMMENT
The price and the volume both seem to be flagging out, which would indicate that we entered another accumulation zone as the price is getting ready for further moves.
As there was no real push from either the buy or the sell side it is ye unclear if the trend reversed or not,
but as this is another accumulation area, some trades here, depending on your overall targets, could be a good move in preparation for the near future.
Hopefully the prices rise again
thanks a lot, for your information
i like to see the volume like this level off. I think the volatility dropping is good after this down trend. I am waiting in the wings for another day or two to see what it does. Thanks for the report......