$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #98, Mar. 03, 2017.

Hello Steemers!

POLONIEX

1 day Poloniex chart - Mar. 01, 2017

1 day Poloniex chart - Mar. 03, 2017

4 hour Poloniex chart - Mar. 01, 2017

4 hour Poloniex chart - Mar. 03, 2017

Since March 1st, the price first had a slight bounce and marked a new local high at 297 satoshi, then turned downwards and spiked bellow the 270 satoshi resistance making a new, higher local low at 260 satoshi.
It then got pulled back up above the 270 support line almost instantly and has had a uptrend to 283 satoshi where it made another spike down, this time with the lowest point at 271 satoshi.
Since the spike down to 271 satohi it got pulled back up around 280 satoshi where it's traded at the moment.

VOLUME

BTS/BTC volume Poloniex Mar. 01, 2017

BTS/BTC volume Poloniex Mar. 03, 2017

BTS indexed global volume Mar. 01, 2017

BTS indexed global volume Mar. 03, 2017

Coinmarketcap top volume cryptos Mar. 01, 2017

Coinmarketcap top volume cryptos Mar. 03, 2017
Overall volume about 24% lower then on March 01, $BTS on 36th place on the volume rankings.
Poloniex volume about 15% lower then on March 01, volume ~49 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