$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #103, Mar. 16, 2017.steemCreated with Sketch.

in #bitshares8 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Mar. 15, 2017


1 day Poloniex chart - Mar. 16, 2017


4 hour Poloniex chart - Mar. 15, 2017


4 hour Poloniex chart - Mar. 16, 2017

The price broke through the 362 resistance and made a hard bounce marking a new local high at 498 satoshi.
After marking the new local high it got pulled back down around to the 400 satoshi area where it's traded at the moment.

VOLUME


BTS/BTC volume Poloniex Mar. 15, 2017


BTS/BTC volume Poloniex Mar. 16, 2017


BTS indexed global volume Mar. 15, 2017


BTS indexed global volume Mar. 16, 2017



Coinmarketcap top volume cryptos Mar. 15, 2017


Coinmarketcap top volume cryptos Mar. 16, 2017
Overall volume about 103% higher then yesterday, $BTS on 21st place on the volume rankings.
Poloniex volume about 166% higher then yesterday, volume ~350 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

Sort:  

COMMENT

Seeing 2 possibilities,

The price pulling back down around the 380-370 satoshi levels, or that the 400 levels hold and the uptrend keeps going up progressing to the 460 satoshi resistance.

Hey, long time no see! It is good to see your chart and datas concerning both the Bitshares and Steem world. Thanks again for sharing, namaste :)

A good time to double your STEEM with @steemdoubler 's Ponzi Game!

Missed the analysis, I see reporting and disclaimer though.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63914.63
ETH 2664.93
USDT 1.00
SBD 2.77