Hello Steemers!
POLONIEX
4 hour Poloniex chart - May. 31, 2017
4 hour Poloniex chart - June 22, 2017
1 day Poloniex chart - May. 31, 2017
1 day Poloniex chart - June 22, 2017
The 40k support level provided good support and the price started another run up as June started, from the 2nd to the 9th of June when it made a new local high just 2 satoshi bellow 100k.
The first local high it made came to 97.5k satoshi after which followed a retrace where the price made a new local low at the 71.1k support line.
After marking the local low it then went up to the 100k new local high,
After making the new local high it went down to the 76k support line and has been flattening out between it and the 90k resistance line , with the local low at 71.1k satoshi from 7th of June still being the lowest one after the rise.
At the moment the price is traded around 78k satoshi after spiking bellow the 76k support line
BITTREX
4 hour Bittrex chart - May. 31, 2017
4 hour Bittrex chart - June 22, 2017
Bittrex Same action as Poloniex with a few satoshi differences, U can see how it is flattening out around the 84k line using the 90k as the top and the 77.6k as the bottom one. At the moment trading right at the 77.6k line.
VOLUME COMPARISON
STEEM/BTC volume Bittrex May. 31, 2017
STEEM/BTC volume Bittrex June 22, 2017
STEEM/BTC volume Poloniex May. 31, 2017
STEEM/BTC volume Poloniex June 22, 2017
STEEM indexed global volume May. 31, 2017
STEEM indexed global volume June 22, 2017
Coinmarketcap top volume cryptos May. 31, 2017
Coinmarketcap top volume cryptos June 22, 2017
Overall volume about 100% higher then on May 31, $STEEM on 31st place on the volume rankings, 7 bellow $VIA.
Poloniex volume about 47% higher then on May 31, ~988 BTC.
Bittrex volume about 92% higher then on May 31, ~326 BTC.
COMMENT
Once again, I will post the comment by commenting as it involves my personal opinion!
Thank you for understanding!
If anyone has any questions or need's help fell free to ask, I will try to explain as fast and as best as I can.
Critics, comments, reply's, counters, advice's, etc. are always welcome!
Have my charts helped you in any way?Let me know with a comment below :)
Are there more people who are doing TA?
Please post the links to your TA's posts into the comments as well!
DISCLAIMER
I am showing multiple scenarios on the price movement, in the post itself I do not take any stance, either bullish or bearish. I am not responsible for neither you’re winning nor you're losses upon trading! the "comment" section is my personal opinion and does not mean I have to or do hold any positions in the given market.
Everyone who uses TA develops his own unique charting style, please keep that in mind.
Kind regards, OZ
Poloniex depos and withdrawals still disabled. It seems like it's accumulating and wants to do another alt-coin scheme like with Siacoin. It is unknown how it will affect the price when it goes available again. Thanks for sharing!
had my poloniex withdrawal declined and put back into my account. i tried again a nd received my coins within minutes
I have lost them then... Or they are in some cloud service. @deserdray But I deposited 2 days before HF19.
ive been requesting my withdrawal for over 2 weeks. i decided to check today because i thought all hope was lost. i say my account was re accredited so i tried again and it was confirmed within minutes.
Wait. Did you get your coins IN the Polo wallet? Because I didn't. They just disappeared when sent from Steemit.
i deposited over a month ago just before withdrawals started becoming an issue. deposits take a little while to go through. sometimes upto 2/3 hours
Damn guys, polo is a mess. Had no problems with bittrex this week at all. I am worried that polo's bottleneck is going to cus a intraday dump in the price of steem though.
So far the 75k support has been holding strong but it's right there again.
wanna steem aswell
what is wrong with Siacoin?
Hi, i upvote you. I shared my first post in steemit. please help me to grow by upvote and resteem or promote (if you like)
https://steemit.com/life/@vinay-negi/way-to-live-meaningful-happy-and-fulfilling-life
Thanks
Not sure what you're claiming about Siacoin/Poloniex here.. SC has put out a statement themselves addressing the issues they've had, it's not some conspiracy.
We just must be careful. Dont put all your eggs in one basket. Wisdom is profitable. Kindly follow me @bewajijohnson
As we all saying the hf19 would create short term correction for steem, do you see it that way or we might be seeing some unusual movement few days later ?( the first payout day), also is it a good time to convert steem to btc or eth?
Thanks, fun trading.
If you see now all coins are at + direction .... Hope Steem goes in that..
It looks like a head and shoulders pattern. I expect a shortterm correction aswell...
Steem to $5 doesn't seem that unreasonable!
Great update! Looking forward to getting in at the right time...Steem for $5 before the end of the year!
Steem gaining mass and pressure might turn into height.
Hi, i upvote you. I shared my first post in steemit. please help me to grow by upvote and resteem or promote (if you like)
https://steemit.com/life/@vinay-negi/way-to-live-meaningful-happy-and-fulfilling-life
Thanks
this is dope haha
COMMENT
1 day
4 hour
Looking to see if the area marked with the greenish rectangle (~71.5k satoshi to 76k satoshi) provides enough support or if it breaks.
In case of a break I expect the price to go down towards the yellow line, ~65k satoshi, and then trade a while in the range between the 65k yellow line as the bottom and the 71.2k satoshi white line as the top.
If the area provides enough support I see a uptrend coming with the top around 120k satoshi.
To get to the 120k satoshi target the price will first have to face the resistance area between 90k satoshi (red line) and 97.6k satoshi (green line) which is marked with a yellow rectangle.
All I got to say is . . . . STEEM TO $7,000 USD/STEEM BEFORE THE END OF THE YEAR!!!
Hahaha, nah, just commenting to say thanks for the quality posting that you do :-D. You are appreciated.
Hello I am new here I really need your support to get some reputation. Meanwhile I have posted some threads.. Can you please review it and can you suggest me that whether I am going in the same direction or not? This the link of one of my post..
https://steemit.com/steemit/@thegame68/why-people-are-going-crazy-over-bitcoin-and-other-digital-currencies
Hi, i upvote you. I shared my first post in steemit. please help me to grow by upvote and resteem or promote (if you like)
https://steemit.com/life/@vinay-negi/way-to-live-meaningful-happy-and-fulfilling-life
Thanks
Steem will go great in the long run especially after the latest HFORK where its benefits are more visible and lots of new sign ups and powering up. I mentioned this in my latest post, pls check it out on my blog. Good one indeed, thanks for sharing.
great analysis oz, I think the general consensus is to try and get in at a good price, but mainly just get in! It's becoming evident that steem is headed for big things. I mean, steemit is just brilliant. I honestly would put STEEM in the top 10 by 2018. Maybe even a 1B market cap. Aim high, and knock on wood.
nice info....thanks
Congratulations @ozchartart!
Your post was mentioned in my hit parade in the following category:
great analysis , STEEM will definitely rise in the long run, however for now , i definitely have some doubts.A close friend of minejoin 'steemit' last year , and according to him the site did not change that much. Hopefully they will release a mobile version soon as it will be much more convenient for the users to log in
HODL!
Agreed, it's only a matter of time before Steemit becomes recognized by the mass market. It's a functioning crypto with a strong userbase. Can't wait to see it hit Reddit levels and beyond
Good post :D
Who wants Steem up to $5 should upvote this comment :>!
haha
Upvoted ! thanks for the analysis - Do you think Steem could get to $5 by the end of the year ?
Hi, i upvote you. I shared my first post in steemit. please help me to grow by upvote and resteem or promote (if you like)
https://steemit.com/life/@vinay-negi/way-to-live-meaningful-happy-and-fulfilling-life
Thanks
Just bought some steem. I am looking for 10$ per steem and this will happen in few weeks.
Very usefull. Thank you.
Steem has come a long way it seems like.
Hopefully in the coming days it keeps going up!
Super analysis very useful for beginners like me. I learn a lot thanks to you
great song
Things are looking up for STEEM. Would love to hear more about your opinions on STEEM and STEEM Dollars. Great article!
looks like heads and shoulders are forming
i appreciate the charts
nice post, i just upvoted your post and i also have similer posts please upvote and follow @wicky thanks
Thanks for sharing! I love Poloniex because of Volume!
Steem is so undervalued right now! Stockpiling it and converting to SP for influence tokens would Greatly increase someone's payout per post and also gift people with dolphin or whale upvotes!
Thank you for the useful information:-)
Steeem to the moon!!! give it a year ;)
thank you for sharing
Nice info @ozchartart. Following for more of such . you truly an inspiration for a new member like me..thank you
Thanks for the info, I don't use Poloniex I prefer Bittrex
Nice post, please follback, vote, comment & resteem @hadimemories Thanks
IS SBD AVAILABLE IN POLONIEX ALREADY?
yes steemit is good currency for future i hope they best and best for more peopled i am already invest in this currency and many time makes many profit
There are many interesting and important worker proposals for BitShares but in my opinion the highest priority due to time constraints is the following.
Worker Proposal: Report on EOS "Integration"
Several ideas are being considered for how "integration" with EOS might occur. Some of the ideas that have been developed by others are:
Modify BitShares block header and do side chain with EOS Full port of BitShares to Wren running on top of main-EOS chain Upgrade BitShares Architecture with lessons learned from EOS Both, (3) and (2) with sidechainingEach have their pros and cons.
If this future integration might be funded by a future worker proposal in BitShares, a report could be prepared and presented to the community.
nice chart analysis, i think there will be a dip first and then breakout up, just my opinion...
excellent post @ozchartart very good
Steem took a small hit with btc going over $2,700 and the hardfork 19 activation but now it looks like it's building an uptrend.
Oh love it , its very helpfull . thank you ! its very good information .
Congratulations @ozchartart
You took 7 place in my Top 100 of posts