$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #18, Dec. 9, 2016.
Hello Steemers!
POLONIEX
1 day Poloniex chart - Dec. 8, 2016
1 day Poloniex chart - Dec. 9, 2016
4 hour Poloniex chart - Dec. 8, 2016
4 hour Poloniex chart - Dec. 9, 2016
The Price traded flat between the earlier made local low of 500 saotshi and 518 satoshi.
VOLUME
BTS/BTC volume Poloniex Dec. 8, 2016
BTS/BTC volume Poloniex Dec. 9, 2016
BTS indexed global volume Dec. 8, 2016
BTS indexed global volume Dec. 9, 2016
Coinmarketcap top volume cryptos Dec. 8, 2016
Coinmarketcap top volume cryptos Dec. 9, 2016
Overall volume about 63% lower then yesterday, $BTS on 31st place on the volume rankings.
Poloniex volume about 71% lower then yesterday, volume ~19 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 :)
COMMENT
Still seeing the same 2 scenarios possible after flattening out stops.
1st - in case the price bounces from the local low of 500 satoshi aim would be 570 levels, with a possible resistance at around 530 satoshi levels
2nd - in case of a break down from the local low the aim would probably be 470 levels
We could get a bounce from here.
This post has been ranked within the top 25 most undervalued posts in the first half of Dec 10. We estimate that this post is undervalued by $27.27 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Dec 10 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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This post has been ranked within the top 25 most undervalued posts in the second half of Dec 10. We estimate that this post is undervalued by $20.61 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Dec 10 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.