$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #84, Feb. 15, 2017.steemCreated with Sketch.

in #bitshares7 years ago (edited)

Hello Steemers!

POLONIEX


1 day Poloniex chart - Feb. 15, 2017


1 day Poloniex chart - Feb. 16, 2017


4 hour Poloniex chart - Feb. 15, 2017


4 hour Poloniex chart - Feb. 15, 2017

The price went down to the 395 satoshi support line and then made a heavy spike downwards bottoming at 383 satoshi.
After the heavy spike it got pulled back up to the 395 satoshi support where it's also traded at the oment

VOLUME


BTS/BTC volume Poloniex Feb. 15, 2017


BTS/BTC volume Poloniex Feb. 16, 2017


BTS indexed global volume Feb. 15, 2017


BTS indexed global volume Feb. 16, 2017



Coinmarketcap top volume cryptos Feb. 15, 2017



Coinmarketcap top volume cryptos Feb. 16, 2017
Overall volume about 61% higher then yesterday, $BTS on 32nd place on the volume rankings.
Poloniex volume about 46% higher then yesterday, volume ~32 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 either a straight out uptrend to the 412 satoshi resistance line or a downtrend to the 385 satoshi support and then a turn towards the 401 satoshi resistance.

This post has been ranked within the top 50 most undervalued posts in the second half of Feb 17. We estimate that this post is undervalued by $6.06 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Feb 17 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

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