CryptoPub Daily - Decent start to the week
![cryptopub.jpg](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmcaLyNiLsaKhA1rZXyjf4Exi5hdXsGghYHnnfmRrFUS6o/cryptopub.jpg)
Good afternoon CryptoPubbers and welcome to lunch time at the beginning of the work week.
![Aug 27 Ticker.jpg](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmZV8EJBXwQhhLFi6KaPeZEDuZDeLUmdMpovo8M1fdRBwJ/Aug%2027%20Ticker.jpg)
Trade volume is down across the board as we return to the work week as Bitcoin is hanging onto the $6,700 level op a modest half point from this time yesterday. EOS, NEO and Monero are up a little more around 4% with low volume and ETC is curiously in the red a little as is Bitcoin Gold. In my Clown Race of entertaining altcoins,ELF is in the lead up 6% and FUN is trailing the rest, down 1% on the day.
T&A today brough to you by @slobberchops as he and his partner @bingbabe give us a great look at Malta! https://steemit.com/travel/@slobberchops/exploring-malta-the-red-tower-and-fort-campbell-77f0a51ed91c1est
The daily BTC chart keeps moving sideways on the top of the STOCH and there 12 hour is doing the same so I am looking a little closer at the 6-hour chart. A little spike in trade volume this morning is fuelling an increase in price as the buying support seems to be correcting the trend on the STOCH support index. It is nice to see the price rebounding off the median Bollinger line as the short term continues to look bullish. It does look as though we have gotten distinctly over the month long weaker resistance and the 3-hour chart is showing an upward cross for a short term pump. I am still eying the 7k mark for a hedge sell as we are overbought and due for a correction on the longer term charts.
Bonus T&A brought to you by @steevc as he straps on an acoustic guitar and sings some original pub tunes https://steemit.com/openmic/@steevc/steemit-open-mic-week-100-sing-along-with-open-mic-original-f5a6043cf08a5est
Monero is a popular privacy coin in the pub so I am looking at an interesting daily chart. We have just broken through 5-month resistance and have popped to the top of the STOCH with the recent buying support. I believe we may pop up to the top Bollinger line in the short term and will be watching closely as price approaches $100 and see if the time spent at the bottom of the STOCH will be mirrored at the top here. If so, the 7-month resistance level is within reach at about $120 and would signal a nice longer term correction for Monero.
Currencies starting the week out right today include:
- VeChain (VET) - Trust-free business ecosystem block chain https://www.vechain.com/#/ https://www.tradingview.com/symbols/VETBTC/
- Kyber (KNC) - Liquidity platform between digital applications - https://kyber.network/ https://www.tradingview.com/symbols/VETBTC/
- Aurora Coin (AUR) - Fixed supply bankless inflation fighting coin - http://en.auroracoin.is/ https://bittrex.com/Market/Index?MarketName=BTC-AUR
Personal Trading Strategy today: Keep an eye out for short term BTC sale to FIAT, convert some SALT to BTC, watch Monero and TRON for good exits.
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
Strange to see alt season open (many doing better daily than BTC) and have ETC in the red. What do you think of that?
Hi,
thx for your post. Resteem and Follow 4 U!
Lets support each other!?
🍀🍀🍀
Best regards
@rich.art.deluxe
Thanks for taking the time to comment and for the resteem!
Great article, maybe you are interested in the one in these links related to cryptocurrency,monero:
CryptoPub Daily - here comes the weekend! by vanessav
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💲Monero(XMR) Price - The Coinsquad CryptoPrediction Contest Round #27💲 | Win All Liquid SBD and STEEM from this post! by coinsquad
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