$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #49, Jan. 11, 2017.

in #bitshares8 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Jan. 10, 2017


1 day Poloniex chart - Jan. 11, 2017


4 hour Poloniex chart - Jan. 10, 2017


4 hour Poloniex chart - Jan. 11, 2017

The price entered a hard uptrend yesterday, breaking the minor resistances one by one and then spiking through the first, 460 satoshi resistance all the way to the next minor one where it made a new local high of 479 satoshi.
At the moment it got pulled back down to the 460 line and is trading rightly around it.

VOLUME


BTS/BTC volume Poloniex Jan. 10, 2017


BTS/BTC volume Poloniex Jan. 11, 2017


BTS indexed global volume Jan. 10, 2017


BTS indexed global volume Jan. 11, 2017



Coinmarketcap top volume cryptos Jan. 10, 2017


Coinmarketcap top volume cryptos Jan. 11, 2017
Overall volume about 133% higher then yesterday, $BTS on 20th place on the volume rankings.
Poloniex volume about 163% higher then yesterday, volume ~72 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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With the latest news about China I would have expected Bitshares to have had a bit more of a kick... Hum, i guess it is sloooooowly coming. thanks for the informations again, namaste :)

COMMENT

Expecting a pullback to somewhere between 420 and 430 satoshi then the uptrend to keep going and this time firmly break the 460 resistance.

Да дела плохи, 04.01.2017 был максимум. А тут вообще крах, какой то. Я думаю к июлю месяцу биткойн будет стоить примерно 580$ USD.

Always appreciated and UpVoted @ozchartart.

Do you have any previous posts or opinions on CounterParty or OneCoin?

thanks :)
I did one on XCP a while ago :) https://steemit.com/counterparty/@ozchartart/usdxcp-btc-technical-analysis-22th-nov-2016
on OneCoin I haven't, I read some bad things about id on coindesk so i never opened the chart, might as well :)

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