Hello Steemers!
POLONIEX
1 day Poloniex chart - Jan. 31, 2017
1 day Poloniex chart - Feb. 01, 2017
4 hour Poloniex chart - Jan. 31, 2017
4 hour Poloniex chart - Feb. 01, 2017
The price had a small bounce to 420 satoshi but got pulled back down into the downtrend breaking the 412 support line and making a new local low at 405 satoshi.
After the making of the new local low it entered a weak uptrend spiking through the 412, now resistance line, but getting pulled back under it now being traded at around 410 satoshi.
VOLUME
BTS/BTC volume Poloniex Jan. 31, 2017
BTS/BTC volume Poloniex Feb. 01, 2017
BTS indexed global volume Jan. 31, 2017
BTS indexed global volume Feb. 01, 2017
Coinmarketcap top volume cryptos Jan. 31, 2017
Coinmarketcap top volume cryptos Feb. 01, 2017
Overall volume about 1% lower then yesterday, $BTS on 32nd place on the volume rankings.
Poloniex volume about 41% higher then yesterday, volume ~44 BTC.
COMMENT
Once again, I will post the comment by commenting as it involves my personal opinion!
Thank you for understanding!
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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