$STEEM/BTC Daily Poloniex Technical Analysis Update #1 "The swings of destiny"

Hello Steemers!
Oz again!
Many of you have asked in the comments that I start up daily updates on the price, not a bad idea so I decided to play along!
I must warn u that i might miss a day now and then, but please don't mind me that ;)

The charts will mostly be based on the 4 hour periods in the near future as there is not much market history to go to daily, i will try and point out possible trade ranges for the coming times :)
This time I will also refer to the Bittrex charts from my previous posts.

So without further due, let's start

Legend
Red lines - swing low
Light blue lines - swing high

I will be marking so called swing low's and swing high's. They often indicate a trend reversal
Found a pretty good self explanatory pic of how to spot them in a chart, so here you go:

Poloniex 4 hour chart
you can see how each time the price made a swing high or a swing low the trend was reversed, each of those swing high's and swing low's indicates a possible future price movement zone.
Let's clear them up a bit and try to see which could be considered the major ones.

poloniex 4 hour chart - "cleaned up"
I "extended" those with the light blue dashed lines, you can see how some of those align.
Everyone here surely noticed I like fib's, so why not add one?

Poloniex 4 hour chart - fibs

To make the chart even clearer I turned those lines which are very close to or exactly at the fib lines red, remember the blue ones are still possible resistance zones

Poloniex 4 hour chart - fibs + markout
The red lines are important price resistance levels on poloniex atm!
on the downside we just have this one blue line on poloniex, after that we should be basing on bittrex since polo didn't see lower levels yet.

Lets have a look at yesterdays Bittrex chart and how it developed today

Bittrex 30/07/16/ chart - 4h hours

Bittrex 31/07/16/ chart - 4h hours
You can see how the price bounced of that support level and is trying to break up and change the trend, the volume is still low but let's see what happens!

If anyone has any questions or need's help fell free to ask, I will try to explain as fast and as best as I can.
Critics, comments, reply's, counters, advice's, etc. are always welcome!

Have my charts helped you in any way?Let me know with a comment below :)
Are there more people who are doing TA?

Disclaimer I am showing multiple scenarios on the price movement, in the post itself I do not take any stance, either bullish or bearish. I am not responsible for neither you’re winning nor you're losses upon trading!

Kind Regards, OZ :)

P.s. I hope the charts are not as messy this time ;)