CryptoPub Daily - Friday Jam day Pub day!

in cryptopub •  7 years ago 

cryptopub.jpg

Good morning CryptoPubbers and welcome back to the pub as we prep for Jam day on the turn tables and make an early break for the weekend! @sequentiavibe reminds me it is a long weekend in hoserville as well. ;)

May 18 ticker.jpg

I called just a little more down yesterday and we got just a little more down as Bitcoin, Ethereum, OMG, ETC at ~2% lower than this point yesterday. Bitcoin Cash is harder hit at 9% down and most of the other coins on my radar are somewhere in between. ZEC is back up again which is great for the GPU miners and FUN has a good lead in the clown race today.

May 18 BTC T&A.jpg

Seems like too long since I shouted @overkillcoin who has joined our super secret CryptoPub Discord server beta test, and is entertaining us in this bull vs bear fight we are watching. https://steemit.com/art/@overkillcoin/bull-vs-bear-timelapse
The 24-hour BTC chart is nicely resting on the bottom/oversold part of the support index waiting on a sign of a bounce back up. If we look a bit closer, the 12-hour chart has a couple signs. The trade volume is staying steady and turned green for 12 hours, and there is a little bullish diversion on the STOCH where the price came down but the support came up. This is what scalpers are generally looking for when picking a reversal to enter in on. So the indication is that a reversal in the downward trend will happen soon but we have to wait and see if BTC wants to dip a bit more, consolidate, or the bulls are ready to run us up to 9k in the next couple days.
Just remember 7k is very much in play but don't bet the house on it.

May 18 XMR T&A.jpg

Monero is interesting to look at as my theory of picking it up below $200 and scalping it in profit may happen again. If we are at the bottom of this downtrend (or even dip a little further,) then we should be in for a nice boost when the MACD crosses up and even more-so if Crypto in general reverses this correction and turns to some mid term bullish action. So, I'll buy a round for the house if we every see sub-$200 Monero again after we break back over 200 strongly. Do your own research obviously as I am just learning this whole game and don't even have a lambo myself.

Coins making an early break for the weekend include:

Personal Trading Strategy today: Borrow a bit of the last 33% of FIAT on exchanges to look for a good entry point on XLM, AEON, and Binance Coin! Have drinks, listen to tunes, cheer on the bulls!


Source: https://www.youtube.com/ (watch?v=d_chm7k7Np4)

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Steem: @vanessav
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Where do I post my sick tunes?!

Looks like you found it. WEE!

Awesome! See you at the pub :)

YAH! Pub day! Bring the jams. (Gonna grab some monero too for fun)

You got a 27.14% upvote from @whalepromobot courtesy of @vanessav!