$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #15, Dec. 6, 2016.

in #bitshares8 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Dec. 5, 2016


1 day Poloniex chart - Dec. 6, 2016


4 hour Poloniex chart - Dec. 5, 2016


4 hour Poloniex chart - Dec. 6, 2016
The price dipped slightly bellow the 461 satoshi support level, reaching 450 satoshi. After the short spike downwards it turned the trend and made a new local high at 505 satoshi. At the moment it's traded slightly bellow the newly made local high, at around 500 satoshi.


BTS/BTC volume Poloniex Dec. 5, 2016


BTS/BTC volume Poloniex Dec. 6, 2016


BTS indexed global volume Dec. 5, 2016


BTS indexed global volume Dec. 6, 2016


Coinmarketcap top volume cryptos Dec. 5, 2016


Coinmarketcap top volume cryptos Dec. 6, 2016
Overall volume about 98% higher then yesterday, $BTS on 21st place on the volume rankings.
Poloniex volume about 98% higher then yesterday, volume ~72 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!
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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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Thanks for the update of yesterday, which I had missed, somehow... And off I go to read the latest one. Thanks again for your very informative charts and insights. I follow closely. ;) Namaste :)

COMMENT

Instead of trading flat with a slight uptrend like i thought it would the price made a nice few % bounce reaching to 505 satoshi, would expect it to maybe pull back slightly then most likely keep the uptrend going.

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