The Nagus Report 07/09/2017

in #bitcoin7 years ago (edited)

Image of BTC chart

Overall, the crypto market is in profit-taking mode.

Look for buy opportunities within the next week . If you are looking to take profits - you've got a lot of company and will need to move quickly.

BTC (Bitcoin)

Overall trendMACDDivergence
NegativeBears strengtheningIncreasing

ETH (Ethereum)

Overall trendMACDDivergence
NegativeBears weakeningDecreasing

STEEM

Overall trendMACDDivergence
NegativeBears weakeningFlat

DASH

Overall trendMACDDivergence
NegativeBull/Bear BalanceFlat

Using MACD and Histogram-based trend line analysis.
Analysis is based on bitUSD (BitShares) data.

Image source: http://kiddynamitesworld.com/bitcoin-as-a-metaphor-for-everything/

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