$BTS/BTC Daily Poloniex Technical Analysis / Market Report Update #20, Dec. 11, 2016

in bitshares •  8 years ago 

Hello Steemers!

POLONIEX


1 day Poloniex chart - Dec. 10, 2016


1 day Poloniex chart - Dec. 11, 2016


4 hour Poloniex chart - Dec. 10, 2016


4 hour Poloniex chart - Dec. 11, 2016
After trading around the 515 satoshi for a while the price made a hip downwards making a new local low at 490 satoshi
within the past hour. It is still traded around the newly made local low at 495 satoshi at the moment.

VOLUME


BTS/BTC volume Poloniex Dec. 10, 2016


BTS/BTC volume Poloniex Dec. 11, 2016


BTS indexed global volume Dec. 10, 2016


BTS indexed global volume Dec. 11, 2016



Coinmarketcap top volume cryptos Dec. 10, 2016



Coinmarketcap top volume cryptos Dec. 11, 2016
Overall volume about 26% higher then yesterday, $BTS on 25th place on the volume rankings.
Poloniex volume about 15% higher then yesterday, volume ~36 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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  ·  8 years ago (edited)

COMMENT

Possible bounce ahead to about 515 levels then more downtrend towards the 470 levels, or straight down to it

I am expecting the December 6 lows to hold.

hoping for the same

Thank you for posting @ozchartart. If one has just been introduced to Bitshares....where would you suggest they obtain more information regarding the exchange option. As bleujay understands it...the suggestion is that one should use Bitshares over Coinbase as an exchange...who could provide information regarding this option?

Try BitSharesDEX telegram group:
https://telegram.me/BitSharesDEX

Thank you for your reply @ihashfury....will give the link a try.

Appreciate your assistance. Cheers.

^ @ishashfury has put up a good link i guess, also u might wanna talk more to fuzzy on steemit.chat (@officialfuzzy on steemit)! he is definitely the "go to" person regarding Bitshares! he would also be able to explain allot more about BTS!