Hello Steemers!
POLONIEX
4 hour Poloniex chart - May. 15, 2017
4 hour Poloniex chart - May. 18, 2017
1 day Poloniex chart - May. 15, 2017
1 day Poloniex chart - May. 18, 2017
After the runup to 60k satoshi the price had a pullback down to 50k and then climbed up to 59k satoshi, on the 16th of May, after which came a dump down to 42k satoshi where the price marked an higher local low.
On May the 17th the price traded mostly between the 48k and the 43.5k lines and started going up again as 18th of May begun.
Today the price traded in up trend reaching 56k satoshi and then going down to the 48k support line where it once again, for now, marked a higher local low. At the moment being traded around 48k satoshi.
BITTREX
4 hour Bittrex chart - May. 15, 2017
4 hour Bittrex chart - May. 18, 2017
Bittrex had the same action as poloniex with slight differences of few satoshis in high and low points of the price, thanks to some lines pulled way back it is easy to see on the Bittrex chart how the price was mostly kept within the range of 45k and 53k satoshi.
VOLUME COMPARISON
STEEM/BTC volume Bittrex May. 15, 2017
STEEM/BTC volume Bittrex May. 18, 2017
STEEM/BTC volume Poloniex May. 15, 2017
STEEM/BTC volume Poloniex May. 18, 2017
STEEM indexed global volume May. 15, 2017
STEEM indexed global volume May. 18, 2017
Coinmarketcap top volume cryptos May. 15, 2017
Coinmarketcap top volume cryptos May. 18, 2017
Overall volume about 36% lower then on May 15, $STEEM on 17th place on the volume rankings.
Poloniex volume about 44% lower then on May 15, ~2412 BTC.
Bittrex volume about 12% lower then on May 15, ~565 BTC.
Although the volume has dropped a bit and STEEM fallen to the 17th place on the volume rankings, it's still very activly traded and has great steady-growing volume.
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
