$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #40, Jan. 2, 2017.

in #bitshares8 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Jan. 1, 2017


1 day Poloniex chart - Jan. 2, 2017


4 hour Poloniex chart - Jan. 1, 2017


4 hour Poloniex chart - Jan. 2, 2017

After spiking up to 419 satoshi, the price got pushed back down once again first to the newly made all time low of 395 satoshi, then even further down marking a new all time low at 384 satoshi. at the moment it is trading between the newly made all time low and 400 satoshi, looking like its flattening out around 395 satoshi.

VOLUME


BTS/BTC volume Poloniex Jan. 1, 2017


BTS/BTC volume Poloniex Jan. 2, 2017


BTS indexed global volume Jan. 1, 2017


BTS indexed global volume Jan. 2, 2017



Coinmarketcap top volume cryptos Jan. 1, 2017


Coinmarketcap top volume cryptos Jan. 2, 2017
Overall volume about 65% higher then yesterday, $BTS on 23th place on the volume rankings.
Poloniex volume about 56% higher then yesterday, volume ~57 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.
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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

Expecting some spikes up to the 400 satoshi resistance, if that breaks possible up to about 410 satoshi, if the 400 resistance holds id see the price flattening out between it and the new all time low.

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