CryptoPub Daily - Lots of dropping

in cryptopub •  7 years ago 

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Good morning CryptoPubbers and welcome back inside the pub as we ruminate over crypto charts with a beer and prep for airdrop day. A nice pump right about now would be stellar.

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This morning is a sea of modest red as Bitcoin leads the trend again, almost 4% down from where it was yesterday at this time. ETH is very close at -3.5% with Monero and NEO down the most at just over 6 down, and ZEC still outperforming the pack almost dead even over 24 hours. The Clown Race is not an impressive spectacle this morning as XLM is leading TRX by a hair,while ELF FUN and ZRX bring up the rear.

May 22 BTC T&A.jpg

T&A today brought to you by @nain who dropped by the pub yesterday and would love gamer sunday sessions the guys are putting together. https://steemit.com/game/@nain/free-download-and-install-battlefield-hardline-voice-tutorial
The 6-hour BTC chart is interesting to watch as the Bollinger Bands indicator seems to be dictating the pattern. Price has corrected distinctly off either the median line (to continue a bullish/bearish trend) or the outside lines (to flip/flop from bear to bull.) The price broke down from the small ascending bearish wedge that started a week ago, and the MACD crossed downwards so I expect a drop to 8k and hopefully a nice distinctive correction back up in the next couple days. This could be a cup and handle moon pattern beginning to form but too early to tell until we slowly back to the $9400 level in the next week or so.

May 22 ETH T&A.jpg

Bonus ETH T&A brought to you by @riskdebonair who joined us on the Discord server with delicious Gluten Free snacks! https://steemit.com/rewiew/@riskdebonair/goodfellas-gluten-free-mozzarella-pizza-with-added-fake-bacon-and-mushrooms-a-review
If we take a look at the 12-hour Ethereum chart, we can see price broke down out of the upward channel started at the beginning of April. It has formed into a flag which could break either way as price consolidates between $650 and $740 and volume decreases. ETH has been following BTC pattern wise and will most likely continue to do so but I am eyeing an entry at about $660 depending upon how BTC does in the next couple days.

Coins wishing they were the #cryptopubairdrop coins today include:

Personal Trading Strategy today - watch hourly STOCH for good LTC, ETC entry points, Monero and EOS still a good deal, find out where I put my zencash


Source: https://www.youtube.com/ (watch?v=CuyKvB1do6k)

Source: https://www.youtube.com/ (watch?v=5FrWlfBUo0k)

Please keep supporting the Tuesday Airdrop initiative through a donation to one of the following addresses! 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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Tomorrow is hump day already? Ya don't say!

That's right humpy! You should join the nerds and scoop up some of our airdrops. Been a cryptopubber as long as I can remember and haven't posted a wallet yet. Do we have to drop some ARK for you to get interested?

Talkative bunch today! Must be all the people around the airdrop table.