Cryptopub Daily speakeasy

Good morning cryptographers and welcome to the pub. We will pour you a brew and see you through the markets.

BTC is holding its own this morning when I thought it might have shown me $7500 when I checked upon waking up. ETH is down a touch but just being ETH lately (smaller dips and smaller pumps for more stability by comparison.) Bitcoin Cash (and even Bitcoin Gold) must have heard me calling it out yesterday as it is making a push this morning compared to its rival BTC. Privacy coins doing relatively well with XMR leading the way for now.

Today's T&A is brought to you by @wakeupworldnews and reminding me of the LTC fork coming up! https://steemit.com/litecoin/@wakeupworldnews/litecoin-hard-fork-355f2d7635b2c
While BTC figures itself out and ETH continues to ETH, that gives us a chance to look at the LTC 6 hour chart. There is a lot going on but basically, it is reaching the end of a descending wedge that started in December, and fighting against a new resistance level as the market corrects. The market has been bearish (never quite topping out on the RSI) and has recently amped up the trading volume as new starts to swell, people are divesting into other coins, and smart folks are buying while it is still low. No specu-line© today as the RSI is oversold (but has room?) and the MACD is 50/50 on which way it wants to go. We will see how strong the local resistance is soon and then either watch support, or put a target for a breakout of the wedge.

Coins calling for another drink today are:

• Litecoin (LTC) - Obviously, fork coming, and rated a strong buy at tradingview - https://litecoin.com/ https://www.tradingview.com/symbols/LTCBTC/ https://www.express.co.uk/finance/city/914028/cryptocurrency-news-litecoin-litepay-bitcoin-blockchain-ripple-ethereum-launch

• Civic (CVC) - Blockchain identity protection solution - https://www.civic.com/ https://bittrex.com/Market/Index?MarketName=BTC-CVC

• Bitconnect (BCC) - Funny decentralized crypto savings coin to pick up during the fire sale for the gamblers - https://bitconnectcoin.co/ https://coinmarketcap.com/currencies/bitconnect/

Personal trading strategy for the day: Grab a bit of LTC on a dip, scalp some BTC and ETC, and try and stay %50 FIAT on exchanges because I am not too sure about BTC and Fridays lately have scared me.

Special thanks to @dagobert.duck who has become one of my boys, @myaceh who has been a supporter for a good while and heads up the Indonesian Steemit chapter (Google translate didn't do your most recent post any justice but I upvoted anyway) and @kleric-lod who comes to us from the world of competitive MMOs and is my most recent follower.

(Funny throwback that works today)