CryptoPub - Your Virtual STEEM Hangout!

in #cryptopub5 years ago

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Good morning CryptoPubbers! After calling the popcorn time last week before the big pump, I had my hands full in real life and hitting all my exchanges to reset all my limit orders and reconsider my short term strategy to try and increase my stake. Lets take a look at where we sit today and discuss how we can maximize gains!

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Taking a look at the ticker this morning, Bitcoin volume has cooled a little from last week and prices are about even with this time yesterday at just over $5,200. EOS, Bitcoin Gold and OMG are popping a little as they tend to do when BTC consolidates while Litecoin and Ethereum Classic cool off a couple points down. In the Poodle Race of entertaining alts, 0X Protocol (ZRX) is taking the lead for the day, up almost 5% as FUN stalls back to last place, down over 16% after gassing out in first place the last few days.

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T&A today is brought to you by @steevc making suggestions for CryptoPub Movie Night https://steemit.com/phctop3/@steevc/my-top-3-comedy-movies
I am resisting the urge to start playing with the 3 and 6-hour charts and settling upon the daily Bitcoin Chart to see where we may go in the coming week. You can see the popcorn time I called in the form of the Bollinger squeeze and big MACD bounce with the 2-days of big buy volume. This was a very strong break (relatively speaking) of long-term (15-month) resistance equating to ~22.5% jump in 2 days. My spiderverse sense is tingling though as we are firmly overbought/overvalued on the Stochastic Relative Support Index (on the daily AND weekly) and due for a correction. I have marked out Bullish continuation, shorter term support, and Bearish correction targets and will continue to munch the popcorn. This will be a very telling correction to indicate whether crypto winter has indeed turned to spring, or there will be another big pre-summer Bitcoin discount to be had.

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Source/News: Crypto Please! https://www.newsbtc.com/2019/04/08/paypal-fee-bitcoin-crypto/

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

What's your strategy this week?

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