$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #70, Feb. 01, 2017.
Hello Steemers!
POLONIEX
1 day Poloniex chart - Jan. 31, 2017
1 day Poloniex chart - Feb. 01, 2017
4 hour Poloniex chart - Jan. 31, 2017
4 hour Poloniex chart - Feb. 01, 2017
The price had a small bounce to 420 satoshi but got pulled back down into the downtrend breaking the 412 support line and making a new local low at 405 satoshi.
After the making of the new local low it entered a weak uptrend spiking through the 412, now resistance line, but getting pulled back under it now being traded at around 410 satoshi.
VOLUME
BTS/BTC volume Poloniex Jan. 31, 2017
BTS/BTC volume Poloniex Feb. 01, 2017
BTS indexed global volume Jan. 31, 2017
BTS indexed global volume Feb. 01, 2017
Coinmarketcap top volume cryptos Jan. 31, 2017
Coinmarketcap top volume cryptos Feb. 01, 2017
Overall volume about 1% lower then yesterday, $BTS on 32nd place on the volume rankings.
Poloniex volume about 41% higher then yesterday, volume ~44 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
I think the work @ozchartart does deserves more than zero payout.
Why?
COMMENT
Expecting the price to move another few satoshi down, to about 401 satoshi where I expect it to start turning
@dan It's not right that oz is downvoted to nothing. Come on now. You may feel that he is over rewarded, it's your stake, it's your choice, but near zero?
This doesn't feel right.
You can make a point, you've stated how you feel, but I'm taking a stand and voicing that completely nuking his posts is wrong.
This post has been ranked within the top 10 most undervalued posts in the second half of Feb 02. We estimate that this post is undervalued by $21.41 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Feb 02 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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