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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #93, "low volume retrace" Nov. 06, 2016.

in #steem • 8 years ago

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The price seems to be retracing for the moment, now being at annother possible bounce opint the 0.00025 level.

Looking at the daily chart i see a possible further retrace to the 0.0002 line from which i would expect another bounce.

8 years ago in #steem by
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     8 years ago  

    I believe we are still in the wave two correction from the November 5 peak.

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     8 years ago  

    Head and shoulders target was reached on the correction. We might see the next wave up from around this level. We have horizontal support, as well.

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       8 years ago  

      You are very right. AB=CD correction from the November 5 high completed.

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