Hello Steemers!
Today only with the $STEEM chart. No altcoin for today unfortunately :(.
After few now volatility days we are finally starting to see some coming back, so lets go!
POLONIEX
4 hour Poloniex chart - Aug 7, 2016
4 hour Poloniex chart - Aug 8, 2016
1 day Poloniex chart - Aug 8, 2016
Today the price has pushed down and made a slightly lower new low. Starting to push upwards right after.
The daily chart shows that the price is still within the accumulation zone. Althou the price is still pushing we don't see any significant volume.
BITTREX
4 hour Bittrex chart - Aug 7, 2016
4 hour Bittrex chart - Aug 8, 2016
The Bittrex price touched it's well known low testing it once again and bouncing up for the 3rd time.
Bittrex as well didn't made any significant volume so far, but the day has just begun.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Aug 7, 2016
STEEM/BTC volume Bittrex Aug 8, 2016
STEEM/BTC volume Poloniex Aug 7, 2016
STEEM/BTC volume Poloniex Aug 8, 2016
STEEM indexed global volume Aug 7, 2016
STEEM indexed global volume Aug 8, 2016
Coinmarketcap top volume cryptos Aug 7, 2016
Coinmarketcap top volume cryptos Aug 8, 2016
Although the overall volume more then doubled in comparison to the last 2 day's it's still low considering the history.
Poloniex is clearly showing it's taking the main exchange role from Bittrex.
While the volume on Poloniex more then doubled from 245 BTC to 532 BTC, the Bittrex volume went just from 86 BTC to 95 BTC.
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!
Have my charts helped you in any way?Let me know with a comment below :)
Are there more people who are doing TA?
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 :)