$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #55, Jan. 16, 2017.

in #bitshares • 8 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Jan. 15, 2017


1 day Poloniex chart - Jan. 16, 2017


4 hour Poloniex chart - Jan. 15, 2017


4 hour Poloniex chart - Jan. 16, 2017

The price made a brief spike of the 461 support line making a new higher low at 490 satoshi and then started going down hard breaking the 461 support the the 450 one spiking down below the 430 satoshi and making a new local low on 427 satoshi.
At the moment it pulled up to about 440 satoshi and is also trading there.

VOLUME


BTS/BTC volume Poloniex Jan. 15, 2017


BTS/BTC volume Poloniex Jan. 16, 2017


BTS indexed global volume Jan. 15, 2017


BTS indexed global volume Jan. 16, 2017



Coinmarketcap top volume cryptos Jan. 15, 2017



Coinmarketcap top volume cryptos Jan. 16, 2017
Overall volume about 137% higher then yesterday, $BTS on 27th place on the volume rankings.
Poloniex volume about 138% higher then yesterday, volume ~63 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

#beyondbitcoin #poloniex #trading
8 years ago in #bitshares by
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     8 years ago 

    COMMENT

    Expecting an upwards retrace and testing of the 450 line where i expect some resistance, thou I expedt first harder resistance at the 460 satoshi resistance, therefor very likely jump back up to 460 is my call for today.

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       8 years ago (edited)

      After a while I grew tired of scrolling past his posts multiple times per day every day. He was dominating the trending page. So I decided to dig deeper. What I discovered is that 95% of every post could be completely automated. The 5% that couldn't be automated involved one paragraph describing a chart and drawing a few unlabeled lines. As a programmer I also know that much the remaining 5% were text descriptions were formulaic, meaning that a computer could generate the text and simply substitute in different numbers on different days. Even the charts could be automatically annotated by software simply by looking at the data. All told, it would be a trivial computer science project to replace 99% of the content.

      @ozchartart response to that comment

      thou I expedt

      lmao you really think steemians are that stupid or ?

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        [-]
         8 years ago 

        This post has been ranked within the top 10 most undervalued posts in the second half of Jan 17. We estimate that this post is undervalued by $21.16 as compared to a scenario in which every voter had an equal say.

        See the full rankings and details in The Daily Tribune: Jan 17 - 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.

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