Again, excellent analysis @ozchartart
Out of curiosity, have you ever overlayed the cryptocurrency trends with the primary fiat indexes to see if there is any correlation?
I understand that you are charting steem/btc which then goes through btc/usd. So there should be zero correlation. But I'm kind of curious if we will ever see days where the fiat market starts to decline so we see an increase in the purchases of steem from btc.
I think I've talked myself through this to answer my own question (no relationship). But figured I would ask ...
Thanks for the comment and question!
I never did overlay anything crypto onto anything fiat related.
I'm the opinion that those markets move in a quite different way for various reasons reasons.
If i look at the EUR/USD chart I can tell right away there is little to no corelation in the things i watch out for when trading alts.