$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #83, Feb. 15, 2017.steemCreated with Sketch.

in bitshares •  3 years ago 

Hello Steemers!


1 day Poloniex chart - Feb. 14, 2017

1 day Poloniex chart - Feb. 15, 2017

4 hour Poloniex chart - Feb. 14, 2017

4 hour Poloniex chart - Feb. 15, 2017

The price went up to the 401 resistance line, marking a new local high at 405 satoshi.
After the marking of the new local high it got pulled back bellow the 401 resistance and spiked
down to the 395 satoshi support line, marking a new local low just 1 satoshi below it.
Now it got pulled back up and is trading at around 398 satoshi.


BTS/BTC volume Poloniex Feb. 14, 2017

BTS/BTC volume Poloniex Feb. 15, 2017

BTS indexed global volume Feb. 14, 2017

BTS indexed global volume Feb. 15, 2017

Coinmarketcap top volume cryptos Feb. 14, 2017

Coinmarketcap top volume cryptos Feb. 15, 2017
Overall volume about 6% higher then yesterday, $BTS on 35th place on the volume rankings.
Poloniex volume about 2% lower then yesterday, volume ~22 BTC.

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!

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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Expecting a slight push down to the 395 satoshi resistance then an uptrend towards the 412 satoshi resistance, possible stop at 405.

great post

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