CryptoPub Daily - Back to the grind
Good morning hungover weekend warriors and bright eyed wage slaves as we get set to take on another week of work and crypto watching. Always best with a drink from the bar.
A little bit of moderate sideways and down action so far this morning with Bitcoin at -1% hanging above the $8,100 mark for now. Most other coins on my ticker are down between 1.5 and 3.5%and the volume on ALTS has been very flat the last few days. ETC is the perennial punk rocker bucking the trend in the green by a point and a half and will either inspire the rest of the alts or drop down into the red after the mini pump. The 0X/Tron/Lumens/ELF and FUN Clown Race is being lead by FUN down only a half a point while Ox and Elf are down around 6%.
T&A today brought to you by @slobberchops who can't review the Cryptopub on Tasteem because he can't get a shot of the exterios of the digital building https://steemit.com/tasteem/@slobberchops/tasteem-2673ee
Taking a look at the 12-hour chart, you can see why people are waiting and seeing as the Buy support is has waned and the 2 pumps we have had look eerily similar. If this is a little whale games, we may be in for a pump out of left field marked by a big green spike in trade volume resulting in a strong MACD bounce. You can't count on the whales though so my guy is telling me to look at the impending downward cross on the MACD (last 2 were not that bad) and the room we have to drop to oversold and undervalued. If we are headed to the Fall bull run most of us would like to see, one last rip down to the support line for a scoop and run up from the bottom of the daily STOCH while the weekly MACD is crossing up would be an ideal indicator. Stay strong and have a drink in the meantime.
Bonus T&A brought to you by @zekepickleman who seems to have had another hell of a week https://steemit.com/ulog/@zekepickleman/ulog-15-summertime-weekly-zekely
While we wait and see what Bitcoin and Crypto is going to do for the week, we can peek at the Ethereum Classic daily chart where each candle represents one day of price action. ETC has been in a nice manageable upward channel since the beginning of June distinctly hitting/strengthening the support and resistance and is making the scalpers some $ in this period of meh. The MACD has crossed up (which hasn't meant much on the ETC daily chart as of late) but the STOCH seems to be taking a break right in the middle as buy and sell pressure are almost matched. There is a bearish diversion on the STOCH (lower lows on buy support with higher lows in price) and we may repeat correction back to oversold with a drop again. Imma wait and hodl the ETC I have and see what the next day or so brings.
Coins off to a good start this week include:
- MakerDao (MKR) - Stable coin fixed to the USD - https://makerdao.com/ https://www.tradingview.com/symbols/MKRETH/
- Uptolen (UP) -Coinme ATMs on every corner? - https://uptoken.org/ https://bittrex.com/Market/Index?MarketName=BTC-UP
- Crown (CRW) - New economy crypto and block chain platform - https://crown.tech/ https://bittrex.com/Market/Index?MarketName=BTC-CRW
Personal Trading Strategy today: Keep an eye out for ETC action and hold strong hands on FIAT on exchanges.
Source: https://www.ccn.com/gibraltar-united-to-become-first-football-club-to-pay-players-in-cryptocurrency/
Thanks for supporting the CryptoPub and our airdrop initiative as well. You can support the initiative through a donation to one of the following addresses. We also accept alt coin donations that will be given away in the Airdrop!
Steem: @vanessav
SBD: @vanessav
Bitcoin: 1C6hMc172hbn1q9TFkkkaeeku3DxBju1eg
Ether: 0x27A5E16545fFf9301f52915A951C80D672717A12
SmartCash: SgsDm6PunExWcQKq2hDs7ruSGeiLAsSFLK
Monero: 42h5cfr1xVpgZhcksYZnq5BdXXrA42sCZFrZfz6se6SwHh8r5cX51gnJGqzqmcLS9145aNd3NPvYvMTRep7fxnYeGSmg95p
CryptoPub Discord: https://discord.gg/xc77Cyk
I am both a weekend warrior and wage slave this week. Going to buckle down and finish up the business month for the long weekend Canadians have this weekend. I HAVE to find some way of making a couple grand in FIAT for buy this last dip!
I’ll definitely contribute to the cause. I’m looking to load up myself!