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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #180, Feb. 01, 2017.

in #steem8 years ago

COMNMENT

On the daily, it looks like a swing low is forming, which could be indication for an comming uptrend

Down to the 4 hour chart..
Depending if the 16.3k support holds I'd see the price either starting a further downtrend stopping at about 16k tomorrow, on its way to the 15k.
If it holds I'd see it going to the 17.8l resistance tomorrow.