$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #79, Feb. 11, 2017.steemCreated with Sketch.

in #bitshares8 years ago

Hello Steemers!

POLONIEX


1 day Poloniex chart - Feb. 09, 2017


1 day Poloniex chart - Feb. 11, 2017


4 hour Poloniex chart - Feb. 09, 2017


4 hour Poloniex chart - Feb. 11, 2017

The price went down to the 395 support line, then got pulled back up to the 401 satoshi line, where it was traded volatile between 410 satoshi and 390 satoshi during February 11.
Entering February 12th it started falling down to the 395 support line around where it's traded now.

VOLUME


BTS/BTC volume Poloniex Feb. 09, 2017


BTS/BTC volume Poloniex Feb. 11, 2017


BTS indexed global volume Feb. 09, 2017


BTS indexed global volume Feb. 11, 2017


Coinmarketcap top volume cryptos Feb. 09, 2017



Coinmarketcap top volume cryptos Feb. 11, 2017
Overall volume about 78% lower then on February 9., $BTS on 27th place on the volume rankings.
Poloniex volume about 80% lower then on February 9., volume ~32 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 downtrend to about 385 satoshi (where I pulled a new line), however if it happens that the 395 satoshi support holds, I see the price trading up to the 401 satoshi resistance line.

This post has been ranked within the top 10 most undervalued posts in the second half of Feb 12. We estimate that this post is undervalued by $16.01 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Feb 12 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

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I like your job..Exchellent , i follow you now!!

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