$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #99, Mar. 12, 2017.

Hello Steemers!

I'm back after a short break!

POLONIEX

1 day Poloniex chart - Mar. 03, 2017

1 day Poloniex chart - Mar. 12, 2017

4 hour Poloniex chart - Mar. 03, 2017

4 hour Poloniex chart - Mar. 12, 2017

Since March 3rd the price has went up to the 301 satoshi resistance, breaking it after trading a short while around it.
After breaking the 301 resistance the price went a step further up to the 315 resistance where it made a new local high and started turning down hard again, spiking down to around 260 satoshi on March 10th where it also made a new local low.
After hitting the new local low around 260 satoshi the price started again a harder uptrend reaching to the 315 resistance once again.
After reaching the 315 satoshi resistance for the 2nd time it went down to ~289 satoshi making another higher local low and got pulled back up to around 295 satoshi.
Since it has been traded between the ~295 satoshi level and the 315 resistance line, close to which it's traded at the very moment, at 312 satoshi.

VOLUME

BTS/BTC volume Poloniex Mar. 03, 2017

BTS/BTC volume Poloniex Mar. 12, 2017

BTS indexed global volume Mar. 03, 2017

BTS indexed global volume Mar. 12, 2017

Coinmarketcap top volume cryptos Mar. 03, 2017

Coinmarketcap top volume cryptos Mar. 12, 2017
Overall volume about 114% higher then on March 03, $BTS on 30th place on the volume rankings.
Poloniex volume about 39% higher then on March 03, 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!
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