$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #30, Dec. 21, 2016

in #bitshares8 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Dec. 20, 2016


1 day Poloniex chart - Dec. 21, 2016


4 hour Poloniex chart - Dec. 20, 2016


4 hour Poloniex chart - Dec. 21, 2016
The price sharply spiked to the 510 satoshi resistance with a top at 512 satoshi, shortly after it got pulled back down hard and went all the way down to the 480 satoshi around where it is traded now

VOLUME


BTS/BTC volume Poloniex Dec. 20, 2016


BTS/BTC volume Poloniex Dec. 21, 2016


BTS indexed global volume Dec.20, 2016


BTS indexed global volume Dec. 21, 2016



Coinmarketcap top volume cryptos Dec. 20, 2016



Coinmarketcap top volume cryptos Dec. 21, 2016
Overall volume about 59% higher then yesterday, $BTS on 27th place on the volume rankings.
Poloniex volume about 52% higher then yesterday, volume ~48 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

Despite BTC going up sharply, BTS seems to be holding grounds, therefor i expect a small uptrend to about 500 satoshi

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