$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #19, Dec. 10, 2016.

in #bitshares8 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Dec. 9, 2016


1 day Poloniex chart - Dec. 10, 2016


4 hour Poloniex chart - Dec. 9, 2016


4 hour Poloniex chart - Dec. 10, 2016
The pricewent up to 525 satoshi then got pulled back down to 511 satoshi, and slowly kept its uptrend with small spikes upwards, at the moment its traded around 515 satoshi.

VOLUME


BTS/BTC volume Poloniex Dec. 9, 2016


BTS/BTC volume Poloniex Dec. 10, 2016


BTS indexed global volume Dec. 9, 2016


BTS indexed global volume Dec. 10, 2016



Coinmarketcap top volume cryptos Dec. 9, 2016



Coinmarketcap top volume cryptos Dec. 10, 2016
Overall volume about 5% higher then yesterday, $BTS on 30th place on the volume rankings.
Poloniex volume about 68% 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!
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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

looks like the price is in a bullish mood, I would expect it to start making its way towards the 570 line, probably stopping at around 10 satoshi differences.

I tend to to agree with you.

We are step before breaking a downtrend
https://www.tradingview.com/x/4FynPCRW/

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