Hello Steemers!
POLONIEX
4 hour Poloniex chart - May. 31, 2017
4 hour Poloniex chart - June 22, 2017
1 day Poloniex chart - May. 31, 2017
1 day Poloniex chart - June 22, 2017
The 40k support level provided good support and the price started another run up as June started, from the 2nd to the 9th of June when it made a new local high just 2 satoshi bellow 100k.
The first local high it made came to 97.5k satoshi after which followed a retrace where the price made a new local low at the 71.1k support line.
After marking the local low it then went up to the 100k new local high,
After making the new local high it went down to the 76k support line and has been flattening out between it and the 90k resistance line , with the local low at 71.1k satoshi from 7th of June still being the lowest one after the rise.
At the moment the price is traded around 78k satoshi after spiking bellow the 76k support line
BITTREX
4 hour Bittrex chart - May. 31, 2017
4 hour Bittrex chart - June 22, 2017
Bittrex Same action as Poloniex with a few satoshi differences, U can see how it is flattening out around the 84k line using the 90k as the top and the 77.6k as the bottom one. At the moment trading right at the 77.6k line.
VOLUME COMPARISON
STEEM/BTC volume Bittrex May. 31, 2017
STEEM/BTC volume Bittrex June 22, 2017
STEEM/BTC volume Poloniex May. 31, 2017
STEEM/BTC volume Poloniex June 22, 2017
STEEM indexed global volume May. 31, 2017
STEEM indexed global volume June 22, 2017
Coinmarketcap top volume cryptos May. 31, 2017
Coinmarketcap top volume cryptos June 22, 2017
Overall volume about 100% higher then on May 31, $STEEM on 31st place on the volume rankings, 7 bellow $VIA.
Poloniex volume about 47% higher then on May 31, ~988 BTC.
Bittrex volume about 92% higher then on May 31, ~326 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!
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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
