Crypto Market Overview - 5/5/2018 - Top Picks for short term investment

in cryptocurrency •  2 years ago 

Capture.JPG

Hi Steemians.

Here is the quick overview of today's market with some technical analysis.

Bitcoins is trading around 9900$ after gaining almost 10% in past 2 days.
9700 is the daily support zone for bitcoin. If market stays above that level then range is 10900-11000 zone.
If current daily candle closes above 9700 then market is most likely to move bullish.

In Past 2 weeks EthereumClassic, LiteCoin, Zcash and Ripple has performed well as compared to other currencies.

My top picks of this week for short-medium term profit are

  1. Verge @ 0.08
  2. Wax @ 0.38
  3. SmartCash @ 0.13
  4. Steem @ 3.89
  5. SiaCoin @ 0.028

I will buy the above listed coins for 5-25% profit for a period of 2 weeks.

I will try to make a follow up post when i will close these positions.

The buying will be done against USD or TETHER not against BTC, as BTC is already bullish.

Note: this post is based on my own technical analysis and it's not a trading advice.

Thanks for Reading.

smcashbanner.JPG

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Just a random question where do you predict the value of SmartCash ending up in 2018?

As per my view it should be higher. At least more than 1$

Smartcash is something I'm really into now, going to build my first smartnode!

GoodLuck. I haven't setup smart nodes. But smart rewards are working nice for me. It's easy and requires no efforts.

You got a 2.61% upvote from @postpromoter courtesy of @uxair!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

Σ$$$ Tipped @uxair Σ30 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.115 USD per SMART. Current value of the tip is $3.45 USD. To find out more about SmartCash, please visit https://smartcash.cc.