CryptoPub Daily - Sunday Bloody Mary

in cryptopub •  7 years ago 

cryptopubww.jpg

Good Morning Cryptopubbers! Welcome inside the pub and I hope it is sunny where you are for the long weekend!

May 27 ticker.jpg

This morning looks a little like a U2 song but it is not that bad as the overall 24-hour drop looks like less than 5% across the board. Bitcoin is down about 3% to $7,225 up from a low of $7200 and ETH is down a little more at almost 5% from this time yesterday. EOS and Tron are down less than a percent as they march toward Mainnet launches this week, 0X is correcting harder at -8% and Stellar Lumens are at a good entry point down 5% to $0.276.

May 27 BTC T&A.jpg
T&A today is brough to you by @wakeupworldnews who has supported us for so long and is covering the Tommy Robinson sage with us. https://steemit.com/informationwar/@wakeupworldnews/the-tommy-robinson-saga-in-a-nutshell-031ce94283c63
Looking at the 12-hour BTC chart, we can see one of 2 things.....Support building just north of $7200, or, as @slobberchops put it, "shaking out a few last bulls before another dip." We are under -250 on the MACD (moving average) and oversold on the Stoch support index so there is DEFINITELY room to go up, and it is past due in my opinion! If we consolidate and continue to build up support here, maintaining ideally a price above $7250, sideways movement will run us into the median line of the Bollinger and the resistance line of this downward channel. The good news is the round on the house line has come down to almost 9k which we could see in a nice sunny June? CMON BTC!

May 27 ETH T&A.jpg
Bonus T&A brought to us by @overkillcoin who likes to make fun of ETHEREUM! ;) If we take a similar look at the ETH 12-hour chart, it is about the same with a little more ups and downs with increased volume. Price is very close to either bouncing on the MACD (for a nice drop) or crossing upwards (for a good pump.) Since we are oversold on the RSI and so close on the MACD (and I hold a good amount of ETH!) I am going to boldly go 50/50 on this and put a buy order in at $525, and a sell order in at $640. Win/Win!

Coins celebrating the long weekend with a Bloody Mary include:

Personal Trading strategy today : Scoop a few Lumens, Limit orders for ETH, enjoy a long weekend and let BTC correct the market!


Source: hacked.com

Enjoy your long weekend and please keep supporting the Tuesday Airdrop initiative through a donation to one of the following addresses. This weekend will be a fun one. We also accept alt coin donations that can be used in the Airdrop!
Steem: @vanessav
SBD: @vanessav
Bitcoin: 1C6hMc172hbn1q9TFkkkaeeku3DxBju1eg
Ether: 0x27A5E16545fFf9301f52915A951C80D672717A12
SmartCash: SgsDm6PunExWcQKq2hDs7ruSGeiLAsSFLK
CryptoPub Discord: https://discord.gg/xc77Cyk

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Well its always the same when the dip occurs nobody is willing to buy and when the bullrun starts everybody is a skeptic and wants to see lower prices. My recommendation is just to buy the f... dip!!!

SRSLY! When it is modestly back up over 12k, you are NOT going to be kicking yourself for buying in at $7250 instead of 7100!

BTFD!

I'm in more of a mimosa mood to be honest.