Good morning Crypto-pubgoers!
If you check your charts at between 8 pm and 11 pm EST last evening, you will see a big red knife that seems to have hit every currency across the board. Those who followed my advice from yesterday and prepped some FIAT to buy a dip would have made out well and I picked up some more of my pet-coin in the form of cheap LTC. This morning shows a little bounce and BTC in the green (for some reason) as well as a couple lesser coins in IOTA, EOS and SNT doing well relatively. When the major coins are lower, traders and white paper readers look elsewhere for their investment/gains.
For the daily T&A (am I getting that right?:) I am focusing upon Monero (XMR) because I have always liked its purpose, anonymity and decentralization, and the pattern seems to be identical to a few of the other better alt coins over the last week and a bit. Last night's drop brought it to month+ old support. Ignoring the Bollinger Bands historical scalper buy and sell recommendations, you can see that Monero will likely go up over the short term. It has shown legs most recently in the big pump on the 8th, has just crossed MACD on the hourly chart (Daily was going to cross before the market queef yesterday and will happen in the next day or so if it continues to recover.)
Coins I am watching today include Monero of course, and Bitcoin Cash (in 3 weeks of consolidation and stareting to get Bollinger squeezed.) XVG (big pennant looking to get rekt or moon) ANT, and BRK.
Shoutouts today go to @khaleelkazi for their really dope contest and support for the community and @dineroconopcion for a truimphant return after 5 days and a great and informative post!
In the comments, general flattery works very well but I would also love to hear your thoughts on what the daily update could be called, any good trades/investments I may have contributed to, Coins you would like me to include in my daily watch, and whether IPA should be brewed and served on tap at the pub!
Good morning
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Good morning Evil!
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good words!
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Thanks!
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Verge huh?! I have some Verge bags I may be able to get rid of.
Also love the "T&A" *now with Bollinger Bands!
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You also ROCK! <3
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Oh! Forgot to mention you nailed the ETH T&A yesterday. Corrected right to the support line as if you commanded it to do so.
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Good morning! I told you so!
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Smartie pants <3
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Great info! Now I want a beer!
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Beer you shall have! We serve Blockchain Bock here at the Crypto Pub!
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