Hello Steemers!
POLONIEX
4 hour Poloniex chart - Sept 08, 2016
4 hour Poloniex chart - Sept 09, 2016
The price went into making new all time low and used Bittrex support level for start of a bounce and making of a swing low.
BITTREX
4 hour Bittrex chart - Sept 08, 2016
4 hour Bittrex chart - Sept 09, 2016
The price went crushing down, briefly bouncing on the ~0.00098 support line, but breaking it right after and going down to touch the 0.0009 support line where it now, same as on Poloniex made a swing low and is making a bounce
VOLUME COMPARISON
STEEM/BTC volume Bittrex Sept 08, 2016
STEEM/BTC volume Bittrex Sept 09, 2016
STEEM/BTC volume Poloniex Sept 08, 2016
STEEM/BTC volume Poloniex Sept 09, 2016
STEEM indexed global volume Sept 08, 2016
STEEM indexed global volume Sept 09, 2016
Coinmarketcap top volume cryptos Sept 08, 2016
Coinmarketcap top volume cryptos Sept 09, 2016
The volume rises significantly on both exchanges and is overall ~3x higher then yesterday, giving a steem nice boost to the 23th place on volume rankings.
COMMENT
Once again, I will post the comment by commenting as it involves my personal opinion!
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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 :)