$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #13, Dec. 4, 2016.
1 day Poloniex chart - Dec. 4, 2016
1 day Poloniex chart - Dec. 5, 2016
4 hour Poloniex chart - Dec. 4, 2016
4 hour Poloniex chart - Dec. 5, 2016
After making a local low on 452 satoshi yesterday, the price started a bounce which for now reached to 480 satoshi.
After reaching the high the price got pulled down a bit to 470 satoshi and has been traded around since.
BTS/BTC volume Poloniex Dec. 4, 2016
BTS/BTC volume Poloniex Dec. 5, 2016
BTS indexed global volume Dec. 4, 2016
BTS indexed global volume Dec. 5, 2016
Coinmarketcap top volume cryptos Dec. 4, 2016
Coinmarketcap top volume cryptos Dec. 5, 2016
Overall volume about 19% higher then yesterday, $BTS on 22nd place on the volume rankings.
Poloniex volume about 106% higher then yesterday, volume ~38 BTC.
Once again, I will post the comment by commenting as it involves my personal opinion!
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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 :)