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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #26 "Show some teeth" Aug 25, 2016

in #steem8 years ago

COMMENT
The volume is getting lower and the price seems to have trouble breaking into lower levels on Poloniex.
Bittrex history shows supports at this levels but the daily chart also shows more potential downtrend. It is yet unclear how low the price will go as we are on the verge of going back into the "pre pump" price levels where if we land we can expect some heavy accumulation action.

P.S. please leave the links to the articles with your TA in the comments!

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If Steem goes below 1$ then i think there will be a panic sell off to 70-80 cents at least then maybe an up tick IMO.

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