$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #31, Dec. 22, 2016

in #bitshares7 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Dec. 22, 2016


1 day Poloniex chart - Dec. 23, 2016


4 hour Poloniex chart - Dec. 22, 2016


4 hour Poloniex chart - Dec. 23, 2016
The price went down and flatly traded between 471 and 480 satoshi. At the moment its traded on 476 satoshi..

VOLUME


BTS/BTC volume Poloniex Dec. 22, 2016


BTS/BTC volume Poloniex Dec. 23, 2016


BTS indexed global volume Dec.22, 2016


BTS indexed global volume Dec. 23, 2016


Coinmarketcap top volume cryptos Dec. 22, 2016



Coinmarketcap top volume cryptos Dec. 23, 2016
Overall volume about 18% lower then yesterday, $BTS on 26th place on the volume rankings.
Poloniex volume about 38% lower then yesterday, volume ~34 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

The price made a higher local low of just one satoshi, if it breaks bellow 470 satoshi I see it going for the 460 line, if the support holds, i see it going to 510.

Thanks for keeping us up to date! I really enjoy reading your posts, Oz!
Upvoted & Followed

Thank you very much! enjoy the holidays :)

This post has been ranked within the top 25 most undervalued posts in the second half of Dec 24. We estimate that this post is undervalued by $18.26 as compared to a scenario in which every voter had an equal say.

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Looking forward to updated STEEM charts. Nice analysis ... cheers oz!

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