Cryptopub Daily Happy Hour!

Good afternoon Crypto-carousers and welcome inside where we have carried over our sale onour whole inventory of coins. It is happy hour so lets stay happy and rejoice at this entry point.

The retracement continues as each level BTC finds a little support doesn't hold out for long and it is down double digits. Some of the other alts are taking a harder hit and it is amazing how similar all of the charts are as people watch all of crypto rather than just their coin in particular. Fantastic sales on ETH (some thought it would never be an affordable 1k again and here it is) the thought of snagging 4 ETC (Ethereum Classic) at a cool hundred dollars should get you going!

Your daily T&A is brought to you by @thomasfarley and his insightful, coin by coin technical analysis blog! I am repeatedly getting asked "How low is this going to go" and I have to refrain from telling an off-color geriatric joke that has the punchline "Depends." I have highlighted the points where the good buy ins were on the bollinger bands (That lesson coming soon to the Crypto Scalper daily piece) If the STOCH is any indication, it is at the bottom and will bounce (back to the median of the bollinger) or it will hit the bottom (0) and skid down most likely the same amount as today's low compared to yesterday's. The MACD needs to come closer together before any very confident prediction can be made but we are outside of the Bollinger bands (happens only 2% of the time) so we will have to return soon. HODL/BUY!

(Damn those guys are hot!)