$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #5, Nov. 26, 2016.

in #bitshares8 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Nov. 25, 2016


1 day Poloniex chart - Nov. 26, 2016


4 hour Poloniex chart - Nov. 25, 2016


4 hour Poloniex chart - Nov. 26, 2016
The price traded more or less sideways, with a mild pullback down which resulted in another higher local low, between 543 and 535 satoshi and seems to be turning into a slightly upwards wave.

VOLUME COMPARISON


BTS/BTC volume Poloniex Nov. 25, 2016


BTS/BTC volume Poloniex Nov. 26, 2016


BTS indexed global volume Nov. 25, 2016


BTS indexed global volume Nov. 26, 2016


Coinmarketcap top volume cryptos Nov. 25, 2016


Coinmarketcap top volume cryptos Nov. 26, 2016
Overall volume about 22% lower then yesterday, $BTS on 23th place on the volume rankings.
Poloniex volume about 74% lower then yesterday, volume ~6 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

Another pretty flat day with extra low volume this time, but the price still seems to be slowly heading towards the 570 line.
Expecting another weak day on volume since it's Sunday, probably again slowly going towards the 570 line.

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