Good afternoon CryptoPubbers and welcome inside the pub where we can safely avoid the running of the Bulls. I think the Canadian CryptoPubbers are gathering at their branch today for some beer and eats so I am happy to be reporting the good news to liven up the chat.
Well looky looky! Another nice green day as BTC pushes up through resistances and psychological barriers and inspires alt coins. Bitcoin Gold apparently is tired of being the crypto joke and is making great progress this week which is good for GPU miners. ETH continues the trend this week of outpacing BTC and it seems that with gains there, in Monero, and a few other coins, the ratios to BTC will stabilize out in preparation for a bull run after a potential dip.
T&A today brought to you by @briggsy because he always has STEEM TA on such lockdown and is always a fantastic tipper. https://steemit.com/steem/@briggsy/steem-price-daily-april-24-2018
If we take a look at the 3-hour Bitcoin chart (and avoid the 6, 12, daily ones which have been prompting me to prematurely call a correction for a WEEK!) we can see what happened in the last couple days. The Bollinger Bands squeezed in from a bit of consolidation around 9k and broke out upward with a strong cross on the MACD, boom in trade volume and a break of the 30-day resistance. That resistance has become short term support but the bear in me is seeing the Overbought/Over-valued in the STOCH on the bottom but we haven't corrected yet!
Bonus T&A is brought to you once again by our resident voxel expert and STEEM enthusiast as he entertains and educates with his art. @overkillcoin https://steemit.com/art/@overkillcoin/art-bid-bot-on-skid-row
Now that everything is unlocked from the steps of BTC, let's take a look at ETH on the 12-hour chart (medium term view.) We started April in full on Bear mode with the MACD under -40, bouncing off new local support and staying under the Bollinger median line. Since then, the Stochastic Relative support index shot up to Overvalued (and stayed there) and price, the MACD, and the upward channel have cruised right up into strong bull. In the last day, it even pumped more to rise above the 20-day channel which looked good enough as it was. Those who bought ETH at $375 have almost doubled their money in 3 weeks. GO ETH GO!
Coins running with the Bulls today include:
Steem Dollars (SBD) - The tipping currency of the CryptoPub and the smartest of patrons - https://steem.io/ https://www.tradingview.com/symbols/SBDBTC/
EOS (EOS) - ETH 2.0! Whitepaper v2 https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md https://eos.io/ https://www.tradingview.com/symbols/EOSUSD/
Coin Magi (XMG) - ASIIC resistant, power conscious decentralized currency http://www.m-core.org/ https://bittrex.com/Market/Index?MarketName=BTC-XMG
Personal Trading Strategy today - Ride the wave of my locked in core investment, keep strong hands and work on airdropping some coin today for the cryptopubbers
Weeeeee Crypto Pub Pizza Day in less than an hour!!!!!!!
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I avoided eating any pizza for a week for this day!!! REJOICE TASTEBUDS YOUR PIZZA LORD IS UPON US
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I think I know what this one is going to be!! ;)
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By the post you just made, I think you are right. Smartypants.
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It's my day to shine all dem coins!
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As always I more than happy to support the cryptopub. I’m always happy to SBD.
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Ah we love our clientele and the community we are building. So glad to have you as a part of it hun.
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So glad to be here let’s hope this crypto rally continues. Happy trading!
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Yah you gottit right. Our weekly hangout and crypto chat, snacks and beers and waiting anxiously to be the first few in on your airdrop!
Enjoy the bulls and the tips!
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I really love this duo: crypto + beer.
It could be better if we eat a pizza too!
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Yes the Canadian chapter of the CryptoPub sure has it right with their crypto/beer/food! Same time zone but different country or I might have to visit.
You and I will have to have a virtual drink and order in!
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Hi guys! Chickencoin? Is there a chickencoin now?
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https://www.coindesk.com/kfc-canada-is-accepting-bitcoin-for-fried-chicken/
Up there, you just use bitcoin for chicken.
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