You are viewing a single comment's thread from:

RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #83, "full retrace done" Oct. 23, 2016.

in #steem8 years ago

COMMENT

The price seems to be in the last push downwards, expecting a spike bellow 30k sat, that might mark the end of the downtrend as it is an complete done reversal.
Looking to see the start of the uptrend within a day or 2.
Still 2 possible supports i see if it breaks the 0.00029, and that are the 0.00027 and 0.00025, but this shouldn't go any lower then 0.00029 imho.

Sort:  

postimage
Still below the trend line drawn from the September 24 peak.

I don't think charts tell us much when the supply is constantly changing... There is significantly more supply at this price than there was pre moon-shot...