Good afternoon CryptoPub and welcome to Hump Day! We have been closed the last couple of flat crypto days but I have been watching the charts for some life.

Volume has lowered almost to relative zero as Bitcoin is down less than a half point on the day to just over $3,600. Litecoin, EOS, ETC and Dash are slightly in the green so far today while NEO is down a couple points to 7.67. In the Poodle race of entertaining alts, Tron, 0X Protocol and ELF are up a couple points battling for first place while FunFair cools off from its recent run, down 6.5% on the day.

Adjective-filled T&A on this glorious day is brought to you by a triumphant return of the fabulous @overkillcoin https://steemit.com/animation/@overkillcoin/lambo-s-revenge-youtube-monetization-barrier
I am looking once again to the daily BTC chart to see where we stand and where we may go. There was a brief dip to $3,460 yesterday which was answered by a bit of a buying spree which brought us back up and reversed the down line on the STOCH. The MACD is looking encouraging for an upward cross and there is plenty of room to grow on the STOCH if the correction back up is real. We will need more trade volume and for the other traders to agree with me in order to head back up but I remember days of double digit growth and there are a couple resistance lines within reach if we pump a little.

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For a longer term view on the situation, the weekly chart is looking a little like the daily chart in the MACD department which could be awesome. Volume has died off since the MACD cross downward and drop from the $6,400 level. Price ahs consolidated a little between $3,400 and $4,400 and the MACD is inching closer and threatening to cross up. Not tomorrow but within the next week, we will either see a bounce back down where the doomers and gloomers will see their $2,300 BTC or a cross upward which will need some serious volume to complete the trend reversal. A pump and trip back up to the $6,500 level will be a great cup and handle setup which could mean a return to glory? Should be fun to watch and hopefully more fun to trade again by March?

Source/news: https://dailyhodl.com/2019/01/22/bloomberg-says-bitcoin-bottom-signal-triggered-plus-ripple-and-xrp-ethereum-tron-litecoin-cardano-crypto-news-alert/

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