CryptoPub Daily - Back at it again!

in #cryptopub6 years ago

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We are back with the first CryptoPub image I ever made in 2017 and at the start of another work week. I can't think of anything I would rather do than to check the state of crypto on a Monday morning, especially when the next real bull run happens.

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A slight correction under very low trade volume today as Bitcoin is down a third of a point from yesterday but still hanging on over 4k. Privacy coins Dash and ZCash are the sole green spots on my ticket today and I would not be surprised to see Monero follow suit by the end of the day. Litecoin has done well compared to other major coins the last couple weeks but is correcting a little harder this morning down almost 3% from this point yesterday. In the Poodle Race of entertaining alts, we have ELF modestly in the lead hanging tough at even while FunFair is down almost 4% on the day.

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T&A today is brought to you by our friend @overkillcoin as he tells us a funny story of shenanigans. https://steemit.com/funny/@overkillcoin/story-time-with-overkillcoin-funny
The 24-hour daily chart looks to be correcting back down out of overbought/overvalued on the STOCH so I like to look at the 12-hour chart to see how it compares. There are signs that the 40-day support may hold again but the room to drop on the STOCH and the incoming downward cross on the MACD are probably cause for some concern/opportunity. Rose-colored glasses make the stop of the drop happen somewhere near the $4,000 level where the support line meets the Bollinger median (purple) line. Conservative bears will look for a break of the 40-day support line, but a bounce off the lower Bollinger line where it meets the 50-day moving average line (yellow.) Optimistic and aggressive bears will be looking at the 90-day support line and a few days of higher volume red. Should be interesting to watch as the week goes on!


News/Source: 5-6 months for bull run? https://www.ccn.com/bitcoin-bull-novogratz-next-move-higher-crypto-market

When things heat up, we will return to the airdrop initiative for #cryptoPub followers. In the meantime, you can support the CryptoPub Airdrop 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

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I’m ready for the markets to really heat up. I want those air drops!

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