Price Action - 27/6/17 (STEEM/BTC, BTC/USD)

in #trading7 years ago

Today's analysis for the STEEM and BITCOIN markets.


Price Action is a trading method which aims to predict price movements to a degree that allows consistent trading. In a sentence - we are trying to read the movement of the price by looking at the bars themselves rather than indicators.

This could be helpful for people marking up their own trading chart and finding their own trend-lines, support and resistance areas. By posting these I might improve my own chart skills over time.

Lets take a look at the charts..

STEEM/BTC

Overview (same as yesterday)

Current

BTC/USDT

Overview (same as yesterday)

Current


This is for information purposes and is not advice.

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