Good morning CryptoPubbers and welcome inside the pub where we get our vitamins with vodka and Ethereum Classic.
This morning may look like a U2 song (Sunday, Bloody, and awful) but it is not too bad, all things considered. Bitcoin is down 3.5% to ~9600 from a high yesterday of just under 10k. Monero, Dash, and NEO are following pretty close while Bitcoin Cash is still floating down from a double digit surge yesterday. Ethereum is down a couple more ticks while grampa Ethereum Classic is up 5% to shove it in the face of the whippersnapper. The clown race of 0X, Fun, Tron and ELF has slowed as well with FUN ahead by a nose and ELF lagging almost 10% behind the leader.
T&A today brought to you by our Ukrainian friend @tandemuswho celebrated *53) with a pint! https://steemit.com/@tandemus
Bitcoin is bouncing between and strengthening both support and resistance on my ascending wedge on the 12-hour chart. When we started to correct at the end of April, there was a bear/bull fight just over the 9k mark and the bulls seemed to have won. What will be the outcome this time as we are fairly close to support, and didn't spend too much time overbought and over valued. With the MACD crossing down and a dip expected, I can see a drop after the specu-Line© to just under 9400 if we are to stay bullish, or just under $8900 for a full correction and REAL bull run. <====These are obviously the words of someone with FIAT waiting to enter and take off so I am a little jaded!
Bonus Y&A brought to you by @sequentialvibe who often resteems the Cryptopub and is big on EOS!
Many of us are keeping our eye on EOS as it has been getting fantastic trading volume and appreciation this month as they have their main net launch in june. A cleaner chart on the daily shows a return to normal price and trading volume. Having just crossed down and out of completely overbought, I would expect a return to the Bollinger Median and bounce there to stay bull as people buy in. In case BTC dampens things, I also have a limit buy in at just over 12 and don't expect to hit that.
Coins to watch today include:
- ** Ethereum Classic (ETC) - Awesome old skool GPOU mined goodness - https://ethereumclassic.github.io/ https://www.tradingview.com/symbols/ETCBTC/
- **Cl;oak Coin (CLOAK) - Fast secure POS privacy coin. http://www.cloakcoin.com/ https://bittrex.com/Market/Index?MarketName=BTC-CLOAK
Personal Trading strategy today - Obviously watch my EOS buys, scalp some ETC, strong hands for a few more days!
Source:@kyle.anderson
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They only had virgin Bloody Marys at breakfast at the airport. Disappointed!
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Have a safe trip and make sure to check out the cryptopub while you are on the road!
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So much honeydo to do today that I can't even get a post in myself. Enough time to check on the cryptos and have a beer though!
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Great post!
Thanks for tasting the eden!
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