CryptoPub Daily - Christmas Eve Drink specials!!

in #cryptopub6 years ago

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Ho-ho-ho Cryptopubbers! If you are stopping in for a little drink while completing your shopping, or just taking a peak at the charts before the longest night (for us kids at least!) then pull up a stool and lets share some cheer.

Dec 24 Ticker.jpg

Volume is rather healthy for Christmas Eve day as bitcoin is up over 2% to just under $4,200 this afternoon. Besides being a nice healthy green day, the story is Ethereum which is leading a surge, up almost 14% on the day to over $150 with Ripple and NEO right on its heels. EOS and Bitcoin Gold have cooled off momentarily and are matching the pattern of BTC. In the Poodle Race, Lumens is currently in the lead up almost 8% on the day, while ELF trails in last, up less than 1% so far.

Dec 24 BTC T&A.jpg

T&A today brought to you by @slobberchops and his Eye wishing us a slobbery Christmas https://steemit.com/urbex/@slobberchops/urban-exploration-and-have-a-slobberry-merry-christmas-everybody
While ETH makes its run, I can't take my eye off BTC as it has a habit of ruining the party or cranking it up a notch. On the daily chart, we can see a little reversal at the top of the STOCH to head back up to 100. The last nice jump/momentum caused a skid along the overbought/overvalued extreme. We have a bit of room to top out again or correct and I have set a little profit taking hedge sell (~$4,400) where the resistance levels and upper Bollinger band come together in case there is some stoch top gas left to burn. Otherwise, I can see a correction back out of overbought to the median Bollinger line around $3,700. This is only my second Christmas really digging into the T&A and last time was FOMOville so it will be neat to see how this pans out.


Source/News: Only the Strong Survive https://cointelegraph.com/news/at-least-340-uk-crypto-or-blockchain-companies-ceased-operations-in-2018-report-finds

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