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RE: $BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #59, Jan. 20, 2017.

in #bitshares8 years ago

COMMENT

With the making of this new local low, although it is a lower local low if viewed on the shorter period, it is a higher local low in the bigger picture.
For the moment it the price got stopped by what I think represents a major support/resistance, the 400 satoshi levels and has made ground for a trend line, therefor I expect the price to start turning here, and for tomorrow I expect it to go reach to the 420 satoshi resistance,

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