Good morning CryptoPubbers! Welcome back to the work week as now is as good as it gets to earn some FIAT to enter on this dip!
A little reprise today as I have green all across my ticker and ALTS are generally outpacing BTC. Nice large trade volume with Bitcoin still on top and 3% up from lazy Sunday morning and hovering around the $6100 mark. Ethereum classic like to break out early and start an ALT rally and it may be doing that as it, EOS, Monero are up around 10%. The XLM/ZRX/ELF/FUN/TRX race is very interesting today all barely behind the leader: ZRX at +5%.
T&A this morning brought to you by @zekepickleman who seems to have had quite an adventurous week.....https://steemit.com/ulog/@zekepickleman/ulog-7-your-weekly-zekely
Looking at the 12-hour chart, we can see a little Bull/Bear arm wrestle between $5800 and $6200 for some nice swings and good volume. The STOCH corrected back upward before hitting the bottom and the price bouncing off the underside of a support line that started last time BTC was this low. With the median Bollinger line hanging right around the resistance line in this downward channel, we should be headed to the $6400 level but the animals are battling so I am just going to sit back and watch for that MACD cross.
Bonus T&A brought to you by @memesteemit who has the best suggestions for CryptoPub draft https://steemit.com/beer/@memesteemit/milford-brewing
What is funny to me today is how much the EOS daily chart looks like the pattern of Bitcoin from the Sept '17 point to now. That insane run up to the ATH, the zig-zag down and the low we are at now. We are solidly in Oversold territory waiting on a stochastic diversion to signal a strong correction and have the volume to fuel a pump if we can just get the MACD lines to meet.
Coins starting the week off right today include:
- Fusion (FSN) - Block Chain connecting finance with exchanges with academia to create a crypto ecosystem. https://www.fusion.org/ https://www.tradingview.com/symbols/FSNBTC/
- Ripio Credit Network (RCN) - Connecting borrowers and creditors over the block chain instead of through banks. https://ripiocredit.network/ https://bittrex.com/Market/Index?MarketName=BTC-RCN
Personal Trading Strategy today - Convert a little Monero into EOS, Grab some more $80 litecoin (!!) and hit the grind for some more entry fiat!
Source: CryptoCurrencyfacts.com
Source:bitdegree.org
Dropping some coins this week so please keep supporting the CryptoPub 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
Monero: 42h5cfr1xVpgZhcksYZnq5BdXXrA42sCZFrZfz6se6SwHh8r5cX51gnJGqzqmcLS9145aNd3NPvYvMTRep7fxnYeGSmg95p
CryptoPub Discord: https://discord.gg/xc77Cyk
time to boost the portfolio!
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Buy me some while you are at it!
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Thanks for the information! SPX down, BTC up.
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Wow yah way down! Wasn't looking at that until you mentioned it. Thanks!
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BTC up!
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