$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #48, Jan. 10, 2017.

in #bitshares7 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Jan. 9, 2017


1 day Poloniex chart - Jan. 10, 2017


4 hour Poloniex chart - Jan. 9, 2017


4 hour Poloniex chart - Jan. 10, 2017

The price traded flatly in a tight area between the 425 and the 430 satoshi lines, it did have a dump that marked a local low at 408 satoshi but immediately got pulled back up above the 420 line ans is now trading at 425 satoshi and looking like its breaking upwards.

VOLUME


BTS/BTC volume Poloniex Jan. 9, 2017


BTS/BTC volume Poloniex Jan. 10, 2017


BTS indexed global volume Jan. 9, 2017


BTS indexed global volume Jan. 10, 2017



Coinmarketcap top volume cryptos Jan. 9, 2017



Coinmarketcap top volume cryptos Jan. 10, 2017
Overall volume about 34% lower then yesterday, $BTS on 29th place on the volume rankings.
Poloniex volume about 31% lower then yesterday, volume ~27 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

Expecting the price to keep the uptrend and break up from this 425-430 satoshi area, with targets at 440 and 445 satoshi, seeing the 445 being a more likely target.

This post has been ranked within the top 50 most undervalued posts in the second half of Jan 11. We estimate that this post is undervalued by $12.26 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Jan 11 - 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.

Coin Marketplace

STEEM 0.37
TRX 0.12
JST 0.040
BTC 70162.45
ETH 3540.43
USDT 1.00
SBD 4.79