$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #56, Jan. 17, 2017.

in #bitshares8 years ago (edited)

Hello Steemers!

POLONIEX


1 day Poloniex chart - Jan. 16, 2017


1 day Poloniex chart - Jan. 17, 2017


4 hour Poloniex chart - Jan. 16, 2017


4 hour Poloniex chart - Jan. 17, 2017

The price made just a slightly lower local low on 422 satoshi, but quickly got pulled back up above the 430 support line and slowly started rising, at the moment it's traded around 435 satoshi.

VOLUME


BTS/BTC volume Poloniex Jan. 16, 2017


BTS/BTC volume Poloniex Jan. 17, 2017


BTS indexed global volume Jan. 16, 2017


BTS indexed global volume Jan. 17, 2017



Coinmarketcap top volume cryptos Jan. 16, 2017



Coinmarketcap top volume cryptos Jan. 17, 2017
Overall volume about 29% lower then yesterday, $BTS on 31st place on the volume rankings.
Poloniex volume about 35% lower then yesterday, volume ~67 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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interesting. This time @dan voted for that post.

Did I miss something?

maybe dan and oz are working together and the flag war was a conspiracy

maybe ozchartart from the very beginning is bot made by Dan, which should learn us, how easy is to fool us, and to show us, that we should put more attention into curation? :)

Lol. Well, maybe his mind has been changed?

Or maybe Dan chose to start upvoting these again just to show that they "don't deserve" to be on the front page? :)

(I'm not for or against anyone in this. I'm not involved. Just commenting)

COMMENT

Looks like the price is about to turn upwards again, expect it to go towards the 450 satoshi resistance probably breaking it for more upwards move to the 461 satoshi.

Thanks for the info, all for one and one for all! Namaste :)

This post has been ranked within the top 80 most undervalued posts in the second half of Jan 18. We estimate that this post is undervalued by $5.42 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Jan 18 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

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