Hello Steemers!
Today the price seems to be testing the lower support level on Poloniex, Bittrex seems to be losing on volume again, fairly interesting day if you ask me.
POLONIEX
4 hour Poloniex chart - Aug 22, 2016
4 hour Poloniex chart - Aug 23, 2016
After yesterday failed attempt to bounce up, the price went further down to the all time low support line, even making a slightly lower new all time low. Now it looks like its getting ready to bounce up from that support level.
BITTREX
4 hour Bittrex chart - Aug 22, 2016
4 hour Bittrex chart - Aug 23, 2016
The Bittrex price as well went to it's previous local low, but didn't make a peak bellow.
Really about the same trading as Poloniex today with some 1 or 2 minor exceptions.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Aug 22, 2016
STEEM/BTC volume Bittrex Aug 23, 2016
STEEM/BTC volume Poloniex Aug 22, 2016
STEEM/BTC volume Poloniex Aug 23, 2016
STEEM indexed global volume Aug 22, 2016
STEEM indexed global volume Aug 23, 2016
Coinmarketcap top volume cryptos Aug 22, 2016
Coinmarketcap top volume cryptos Aug 23, 2016
The overall volume stayed nearly the same as yesterday, but Bittrex had a very sharp decline in volume, while Poloniex filled in for that one, did one more trader leave the Bittrex bus?Some number of coins passed STEEM today in the volume, but it's still holding very pretty up there.
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.
Kind Regards, OZ :)