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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #31 "My mind was aching and STEEM was making it" Aug 30, 2016

in #steem8 years ago

COMMENT

I think this was the mark of the bottom and the start of an uptrend.
I can't yet tell if I expect a hard uptrend and heavy pumping or slow accumulation along the levels.
From personal experience I'd lean towards the accumulation option more, would expect the price to rise slowly making stops at similar levels as in the downtrend in order of more accumulation.
Of course there is still downtrend potential, but as mentioned yesterday, in my eyes, it's diminishing as the days go by