$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #45, Jan. 7, 2017.

in #bitshares8 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Jan. 6, 2017


1 day Poloniex chart - Jan. 7, 2017


4 hour Poloniex chart - Jan. 6, 2017


4 hour Poloniex chart - Jan. 7, 2017

The price violently dumped briefly spiking through the 380 satoshi support line, marking there a new higher local low on 377 satoshi. after the flash dump it got pulled back up to the 390 levels and has been traded there more or less flatly since, at the very moment at 293 satoshi.

VOLUME


BTS/BTC volume Poloniex Jan. 6, 2017


BTS/BTC volume Poloniex Jan. 7, 2017


BTS indexed global volume Jan. 6, 2017


BTS indexed global volume Jan. 7, 2017


Coinmarketcap top volume cryptos Jan. 6, 2017



Coinmarketcap top volume cryptos Jan. 7, 2017
Overall volume about 44% lower then yesterday, $BTS on 28th place on the volume rankings.
Poloniex volume about 49% lower then yesterday, volume ~28 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 :)

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COMMENT

Expecting a more or less flat trading day with a very slight uptrend, all in all expecting it to trade at this resistance area (390-400 satoshi)

Nice easy breezy Sunday then!.thankyou

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