$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #76, Feb. 07, 2017.
Hello Steemers!
POLONIEX
1 day Poloniex chart - Feb. 06, 2017
1 day Poloniex chart - Feb. 07, 2017
4 hour Poloniex chart - Feb. 06, 2017
4 hour Poloniex chart - Feb. 07, 2017
The price had another flat day, trading at the same range as yesterday, between 390 and 380 satoshi, but has made a heavy spike downwards, marking a new local low at 372 satoshi and then got quickly pulled back up above the 380 satoshi line and is now traded at around 387 satoshi.
VOLUME
BTS/BTC volume Poloniex Feb. 06, 2017
BTS/BTC volume Poloniex Feb. 07, 2017
BTS indexed global volume Feb. 06, 2017
BTS indexed global volume Feb. 07, 2017
Coinmarketcap top volume cryptos Feb. 06, 2017
Coinmarketcap top volume cryptos Feb. 07, 2017
Overall volume about 5% lower then yesterday, $BTS on 33rd place on the volume rankings.
Poloniex volume about 10% higher then yesterday, volume ~42 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!
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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
We had another flat trading day, another day where the 380 support seems to have held, so my target would still be 401 satoshi.
My opinion is that price will go lower.
wow thanks