Hello Steemers!
Some decent volume today, but not much volatility. we have a few good signs today, so lets take a look.
POLONIEX
4 hour Poloniex chart - Aug 19, 2016
4 hour Poloniex chart - Aug 20, 2016
The price once again made a slightly higher low, bouncing up to the 1st resistance line and backing just a tiny bit back down. It is still respecting the resistance line it has been for some days now.
BITTREX
4 hour Bittrex chart - Aug 19, 2016
4 hour Bittrex chart - Aug 20, 2016
After going back down yesterday, the price trended again in the small area between the light blue and green line, but also alike Poloniex, making a slightly higher low.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Aug 19, 2016
STEEM/BTC volume Bittrex Aug 20, 2016
STEEM/BTC volume Poloniex Aug 19, 2016
STEEM/BTC volume Poloniex Aug 20, 2016
STEEM indexed global volume Aug 19, 2016
STEEM indexed global volume Aug 20, 2016
Coinmarketcap top volume cryptos Aug 19, 2016
Coinmarketcap top volume cryptos Aug 20, 2016
Poloniex is still by far the leading exchange as far as volume goes, althou Bittrex is also showing a decent volume taking the firm 2nd place.
Although the volume is a fair portion greater then yesterday, STEEM still didn't climb up too much on the crypto volume ranking, but is still holding his firm spot while the accumulation is going on.
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.
Kind Regards, OZ :)