Hello Steemers!
POLONIEX
4 hour Poloniex chart - Sept 07, 2016
4 hour Poloniex chart - Sept 08, 2016
The price made new all time low on poloniex but with very low volume, still even with really low volume the price keeps dropping, heading down towards the ~0.001 area.
BITTREX
4 hour Bittrex chart - Sept 07, 2016
4 hour Bittrex chart - Sept 08, 2016
Bittrex also went down into making a new local low, with near to no volume.
Seems its heading towards the ~0.001 support line.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Sept 07, 2016
STEEM/BTC volume Bittrex Sept 08, 2016
STEEM/BTC volume Poloniex Sept 07, 2016
STEEM/BTC volume Poloniex Sept 08, 2016
STEEM indexed global volume Sept 07, 2016
STEEM indexed global volume Sept 08, 2016
Coinmarketcap top volume cryptos Sept 07, 2016
Coinmarketcap top volume cryptos Sept 08, 2016
The global volume is about the same as yesterday.
Pretty low, lost a few places on the coinmarketcap rankings.
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!
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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 :)