$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #53, "Quite unlike you - we're used to the stress" Sept 23, 2016

in #steem8 years ago

Hello Steemers!

POLONIEX


4 hour Poloniex chart - Sept 22, 2016


4 hour Poloniex chart - Sept 23, 2016


1 day Poloniex chart - Sept 22, 2016


1 day Poloniex chart - Sept 23, 2016
After yesterdays bounce the Poloniex price got pushed down to the first support level, where another small bounce happened but was contained on the 1st resistance line, now the price seems to be doing another dip.
Quite nice tradeable volume today going on.

BITTREX


4 hour Bittrex chart - Sept 22, 2016


4 hour Bittrex chart - Sept 23, 2016
The Bittrex price had very similar actions to Poloniex, after the pump it went for a dip to the first support line, where it also made a small bounce and is now trading at the first resistance line.

VOLUME COMPARISON


STEEM/BTC volume Bittrex Sept 22, 2016


STEEM/BTC volume Bittrex Sept 23, 2016


STEEM/BTC volume Poloniex Sept 22, 2016


STEEM/BTC volume Poloniex Sept 23, 2016


STEEM indexed global volume Sept 22, 2016


STEEM indexed global volume Sept 23, 2016


Coinmarketcap top volume cryptos Sept 22, 2016


Coinmarketcap top volume cryptos Sept 23, 2016
Overall volume about 15% lower then yesterday, $STEEM still on 10th place on volume rankings.
Poloniex volume about the same as yesterday, 510 BTC.
Bittrex volume about 10% lower then yesterday, 191 BTC.

COMMENT
Once again, I will post the comment by commenting as it involves my personal opinion!
Thank you for understanding!

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?
Please post the links to your TA's posts into the comments as well!

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! the "comment" section is my personal opinion and does not mean I have to or do hold any positions in the given market.
Everyone who uses TA develops his own unique charting style, please keep that in mind.

Kind regards, OZ :)

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COMMENT
Expecting the price to make a dip to the first or 2nd white line, with it making a higher low, after which i expect the price to keep on the uptrend (hopefully).

That would be nice.

Reestemed

thanks very much!

wow amazing analsis you and very good

Here we go guys :) moonshot!

It just keeps bouncing and downtrending! =O

Interesting article and info. I use Bittrex daily, the jump which happened today gave me great profits.