$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #78, Feb. 09, 2017.steemCreated with Sketch.

in #bitshares7 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Feb. 08, 2017


1 day Poloniex chart - Feb. 09, 2017


4 hour Poloniex chart - Feb. 08, 2017


4 hour Poloniex chart - Feb. 09, 2017

The price has had a slight pullback to 370 satoshi and then bounced hard, breaking the 395, the 401 and the 412 satoshi resistances and made a new local high at the 430 satoshi resistance.
Afte the making of the new local high it got pulled back bellow the 412 satoshi line and is now trading slightly bellow it, at around 410 satoshi.

VOLUME


BTS/BTC volume Poloniex Feb. 08, 2017


BTS/BTC volume Poloniex Feb. 09, 2017


BTS indexed global volume Feb. 08, 2017


BTS indexed global volume Feb. 09, 2017



Coinmarketcap top volume cryptos Feb. 08, 2017


Coinmarketcap top volume cryptos Feb. 09, 2017
Overall volume about 308% higher then yesterday, $BTS on 16th place on the volume rankings.
Poloniex volume about 354% higher then yesterday, volume ~156 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

Expecting a pullback to about 390 satoshi then further uptrend, expecting it to hit the 430 resistance line once again.

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