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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.
Previous Posts
- https://steemit.com/trading/@pmsas/price-action-26-6-17-steem-btc-btc-usd